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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 itsalieon May 02, 2022 11:11am
150 Views
Post# 34647576

RE:RE:RE:RE:Very happy as a new investor

RE:RE:RE:RE:Very happy as a new investor
topdown99 wrote:
itsalie wrote:
topdown99 wrote: The Q1 report tonight will be very good but the Q2 report in July/Aug will be even better . MEG will be swimming in FCF , I am really interested to see what their plans are . Get comfortable , numbers should be released by 5pm EST tonight 


If they don't add a divvy or otherwise show how shareholders will get paid today, it will sell off.. no one wants to hear about next quarter.. even though I think you are correct. 


I'm an investor itsalie , not a trader , there is a difference 


I don't do buy and hold like you, I take profits, not ride it down.. good luck. 
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