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.

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MEG Energy Corp > Target Tomorrow

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Comment by newcoinon May 02, 2022 11:43pm

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Post# 34649998

RE:RE:RE:RE:Target Tomorrow

No dividend because MEG is going to be bought out.
I'm thinking $29.50.

sorrenson wrote: Whatever.. Don't listen to me listen to Eric Nuttall. That's his entire point is that it's time for these companies to give back to the shareholders.

Just when it doesn't explode tomorrow like you're expecting you have to understand why I think money is gonna come out of this company and go into companies that actually pay the shareholders.

Not exactly a new concept in the oil patch right now.