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Bullboard - Stock Discussion Forum MEG Energy Corp MEGEF


Primary Symbol: T.MEG

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil 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 economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout... see more

Bullboard (TSX:MEG)

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Post by Betteryear2on Feb 29, 2024 7:31pm

Conference Call

A conference call will be held to review MEG's 2023 annual operating and financial results at 6:30 a.m. Mountain Time (8:30 a.m. Eastern Time) on March 1, 2024. To participate ...more  
Post by ztransforms173on Feb 29, 2024 7:11pm

A MIXED BAG In Natural Gas HEDGING & FIXED PRICE CONTRACTS

Natural Gas Purchase Contracts: Type           Volumes (GJ/d)   Average Price (C$/GJ)        Term AECO Fixed Price   30,000  ...more  
Post by ztransforms173on Feb 29, 2024 6:47pm

WOW! MEG Is PAYING 28.3% ROYALTY In Q4/2023: $ 186 M

Q4/2023: ($ millions) Bitumen realization:  806 Transportation and storage expense: (148) Bitumen realization after net transportation and storage expense:  658  Royalties:  ...more  
Post by ztransforms173on Feb 29, 2024 6:27pm

NOTES DEBT @ 12/31/2023: USD 858.2 Million (600 + 258.2)

7.125% senior unsecured notes: (December 31, 2023 - US $258.2 million; due 2027; December 31, 2022 - US$579.9 million) 5.875% senior unsecured notes: (December 31, 2023 - US $600 million; due 2029; ...more  
Post by ztransforms173on Feb 29, 2024 6:08pm

Q4/2023: BOP: 109,112 B/d, AFF: $358M; FCF: $254M; SOR: 2.28

- the FINANCIAL RESULTS news releases are getting MORE DETAILED and BETTER PRESENTED ^^^ MEG Energy announces 2023 financial and operating results  ...more  
Post by ztransforms173on Feb 29, 2024 5:51pm

VERY SAD: The SECOND Of The MEG SMART TEAM Is LEAVING !

  ORIGINAL: MEG Energy announces President @ Chief Executive Officer Succession   2024-02-29 17:30 ET - News Release   MEG Energy announces President & Chief Executive ...more  
Post by mmoschukon Feb 29, 2024 5:42pm

Results

EPS 37 and consensus was 56. Do I have that right?
Comment by caretired1on Feb 29, 2024 4:12pm

RE:RE:RE:RE:What BS ! ANOTHER VIRTUAL MEETING: AGM: May 07, 2024

retail piled in on this one in the last 20 minutes.  Probably runs tomorrow like cnq did today, especially w eric nuttall on Bnn at noon!  imo of course
Comment by robert41on Feb 29, 2024 4:03pm

RE:RE:RE:What BS ! ANOTHER VIRTUAL MEETING: AGM: May 07, 2024

That's a heck of a close hope the earnings back it up
Comment by Moemoney42on Feb 29, 2024 2:08pm

RE:RE:What BS ! ANOTHER VIRTUAL MEETING: AGM: May 07, 2024

Agreed what's not to like.. another 52 week high this AM.!  ;-)
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