MEG Energy Corp T.MEG

Buzz on the Bullboards: The top stocks in energy, mining and EVs

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[Jonathon Brown]

Utilities led the gainers on the TSX while energy led the drop on falling oil prices, followed by the mining sector. read article.

[andy604]

Release Date Time Actual Forecast Previous   May 01, 2024 10:30 7.265M -2.300M -6.368M  

[ztransforms173]

- SHELL does NOT PRODUCE Access Western Blend (AWB) barrels - ONLY CNQ {Jackfish1/2/3) amd MEG {Chistina Lake} produce AWB DILUTED BITUMEN barrels PIPED through the 410,000 bbls/d ACCESS Pipeline -&

[andy604]

Western Canadian Select Western Canadian Select (WCS) is a specific crude oil product used as a benchmark for most Western Canadian crude oil blends. WCS is a heavy sour blend of bitumen blended

[ztransforms173]

- apparently, he had a GREAT MEETING with the MEG MARKETING TEAM with respect to TMX and HE LEARNED A LOT - so we can be CONFIDENT that MEG will SEEK to ATTRACT the BEST CUSTOMERS for their 20,000

[ztransforms173]

- NOT a BIG BELIEVER in BASE DIVIDENDS as MEG has NO NEED to ATTRACT those SPECIFIC DIVIDEND-SEEKING INVESTORS as the company is ALREADY EVALUATED AT A PREMIUM to it's PEERS  - 'SEES'

[ztransforms173]

- I LOVE IT at the END when he SMACKS DOWN the BANKS * the 6 oil sands companies versus the 6 banks Video (51m50s): recorded 1/25/2024: https://www.youtube.com/watch?v=S1-83ADgB5c

[Fuzman5902]

Opps  Seems to be no longer a focus

[Fuzman5902]

True very true indeed, even more so that the DRP {Diluent reduction program) seems to longer be a focus. Regards Fuz

[robert41]

Thx for your input Z

[ztransforms173]

- they hace PLENTY of BITUMEN RESERVES - Christina Lake, BY ITSELF; 'COULD' GO UP TO 210,000 bbls/d from the PRESENT 110,000 bbls/d - they 'NEED' to GROW to INTERNALIZE and

[robert41]

Does Meg really need to acquire to grow? Their reserves are huge can't growth come from what they have? I should look at it closer I guess. Either way Meg's low debt and lowering float and big

[Fuzman5902]

Z well said  Economy's of scale matter. All things considered they could be sub 250 mid 2025 then what? ARX , WCP, BTE all did it, sooner or later Meg will have to follow suit. Regards

[andy604]

Actual Forecast Previous   Apr 24, 2024 10:30 -6.368M 1.600M

[ztransforms173]

- I DON'T CARE EITHER ! - I was JUST POINTING IT OUT ! - AFTERALL, this is a STOCK BOARD - PERSONALLY, I would PREFER NO DIVIDENDS until they get to LESS THAN 250 milllion S/O. - MEG is TOO

[robert41]

Who cares.....at $80 to $85 oil Meg will be at $50 bucks in a year that's much better than a divi for now let's get that float down in the next year or two and then see about a divi. I'm