Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

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... see more

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TSX:MEG - Post Discussion

MEG Energy Corp > Nice run, then back in the reds!

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Post by Paray99 on Jan 18, 2023 4:25pm

Nice run, then back in the reds!

It was very frustrating to see todays rally that ended up in big time red...

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Comment by alwaysmoving on Jan 18, 2023 5:40pm

We've had a nice run up and we're always going to get reset days in between the climbs. Hang tight, its worth the patience as the market comes to terms with what all this free cash flow is worth. As a long term holder, I think any sub $20 price is very cheap, use these days to continue to build positions.

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