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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.


TSX:MEG - Post by User

Comment by Asphalt20on Oct 26, 2022 10:00pm
262 Views
Post# 35051944

RE:RE:RE:RE:RE:RE:RE:RE:MEG - #1 Top Pick on BNN Market Call - Eric Nuttall

RE:RE:RE:RE:RE:RE:RE:RE:MEG - #1 Top Pick on BNN Market Call - Eric NuttallSome of you say that Eric Nuttall is just a “sales person” for the oil sector. That may or may not be true, but it’s difficult to argue with his recent success over the past year or so, his past picks are constantly up by over 50%, and many of the company’s in the sector are paying off huge amounts of debts and suddenly having massive amounts of FCF because of the increase in the price of oil, just as Eric has predicted. I believe in Eric’s outlook for these companies particularly now that many other analysts believe that the number one sector to invest in right now is the energy sector, particularly oil.

If Eric Nuttall is a sales person, I'm sold!!    

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