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 zx6mikeon May 03, 2022 10:02am

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Post# 34650778

RE:RE:RE:RE:Target Tomorrow

Now, this is not going to age well......somehow, your subjective analysis is flawed. By the end of 2023, MEG will have reduced their debt to $600 million and will increase their share buybacks along with the implementation of dividends. The streets like the FCF and are adjusting the stock price accordingly. Keep guessing on the time of day; at least you can get it correctly twice a day. And yes, us 'little ladies' are only upset if you have nothing to substantiate your verbal nonsense. Over and out little troll.

sorrenson wrote: So you're comparing Berkshire Hathaway with a 3,000,000% increase against Meg who is at one third its high.

I'm just saying all the other stocks in the oil patch are paying dividends, this is not and it will hurt the share price.

Reality is is a very good chance at two years from now oil will have dropped back down and the dividends never come based on the history of oil.

Seems to be a lot of little ladies on here who get upset if you question anything.

GrandBend wrote: I personally much prefer appreciation over dividends. So does Buffett. That's why BRK doesn't pay dividends. Who's Warren Buffett you asks? Just one of the best investors to walk the planet.