MEG Energy Corp MEGEF

Buzz on the Bullboards: Investor caution impacts market activity

[retiredcf]

After the recent underperformance of shares of MEG Energy Corp. TD Cowen analyst Menno Hulshof sees a “discounted valuation on [a] top-tier name,” adding it to the firm’s “Canada Best Ideas” list

[retiredcf]

Scotiabank analyst Jason Bouvier identifies the domestic oil companies that can still generate cash flow with lower oil prices and reiterated top picks, “In response to the falling price of oil and

[ztransforms173]

- HIGH-QUALITY in a FORTRESS POSITION can be COUNTED by FINGERS on a HAND z173

[robert41]

I've been adding Meg and Arx...Meg now has low float and going lower low debt under 600 m for a producer of this size and now returning 100% cash to shareholders via buy backs sets up for a nice

[retiredcf]

Notwithstanding EN's enthusiasm, I've been a bit leery of initiating a position. But it's good to see insider buying and this report caught me by surprise and was the final prompt I needed

[Betteryear2]

By Julianne Geiger - Sep 13, 2024, 4:30 PM CDT Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this

[YupnDump]

once again E Nuttall strikes out again like on BTE, Whitecap to name a few others

[Jonathon Brown]

Investor caution took hold ahead of the upcoming U.S. inflation data. Luckily for investors, the TSX rebounded significantly. read article.

[ztransforms173]

- she is VERY CAUTIOUS with HER MONEY - BOTH of these accounts {LIRA + RRSP) are TAX-DEFERED from SEDI: Filed 2024-09-11 17:51   Tx date 2024

[MyHoneyPot]

Looking at the share price today and the average repurchase price in Q2, $30.39? I simply don't believe in share buybacks for MEG as it is ultimately setting itself up for a sale anyway. Simply

[robert41]

Absolutely.

[ztransforms173]

- YES, it 'appears' to be RIGHT ^^^ See: https://stockhouse.com/companies/bullboard?symbol=t.cve&replyto=36212600&threadid=36211499&source=bullboard ztransforms173 -

[ztransforms173]

from SEDI: Filed 2024-09-06 17:07   Tx date 2024-09-06 $MEG MEG Energy Corp. McAllister, Michael 4 - Director of

[Eoj123]

McAllister knows a good bargin, bought 7800 shares today at $25.20 for almost $200k

[vwbusman]

Sounds to me that Nuttall is referring to MEG possible when he talks about adding 500,000 shares of a mid cap oil sand producer https://www.bnnbloomberg.ca/video/shows/trading-day/2024/09/05/opec-has

[vwbusman]

Will be nice to see September buybacks increased, especially with the share price in the dumper.  However - there will be less funds available for buybacks with the lowered WTI trend.