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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

Comment by zalmonellaon Apr 18, 2022 4:25pm
223 Views
Post# 34611257

RE:RE:RE:RE:Meg, TVE, EFR, CPG, and others are buy opps today/any down d

RE:RE:RE:RE:Meg, TVE, EFR, CPG, and others are buy opps today/any down d

Mou? Is that citigroups fund?


Whoops - hit the wrong key. That's TOU - Tourmaline. At $65.83 today I'm up 48% on my January purchase.  Even the relentlessly-hopeless BIR, which I bought at the same time and let go of at $9+ for a 50% run a couple of weeks ago is beating MEG all hollow.  I shouldn't complain being up 34% since January, but on sure things like the price of oil I hate being the nag that comes in last in the race especially when I put more into MEG than the others.

Is there any mid-cap that's had poorer performance since January?  
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