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 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

MEG Energy Corp > Special Dividend???

<< Previous

Bullboard Posts

Next >>

Comment by perstrudenton Feb 13, 2022 12:16pm

265 Views

Post# 34424382

RE:RE:Special Dividend???

I expect similar...1.7 hit in March with NCIB 10% starting April 1....guidance to 1.2 billion which could be hit August Sept if prices stay....then what they do with next step up to 50% of fcf will be interesting..divy or really ramp up sharebuybacks.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing