Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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 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

Bullboard Posts
Comment by rockoil29on Jan 23, 2017 10:34am
85 Views
Post# 25741021

RE:dilution is good? LOL

RE:dilution is good? LOLLol, when Was dilution good .....? Well its a technique used to provide cash and grow a company . Difficult to understand why companies wait till their stock is in the dumper to do . That is a Question for Management to answer . I see this over and over and over ! They dislike issuing stock when it trading at a high level? I worked for many years for a highly successful Company ,the COO owned 20% of the Company and always had his financing done a couple of years ahead , was never caught financing when his stock was in the dumper! I recall during a share issuance some dunce asking why he was raising money as it appeared that the company was in fine shape ? He simply replied that now was the time not when ,he was desperate!
Bullboard Posts