Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 cashtango00on Sep 26, 2022 11:38am
225 Views
Post# 34986608

RE:RE:RE:RE:RE:Eric Nuttall........

RE:RE:RE:RE:RE:Eric Nuttall........It's because Eric's thesis is wrong.  oil is not 150, energy companies are not giving dividends ( no one cares about buybacks because they are just burning capital as the shares fall), and the economic outlook is dire and uncertain. he will continue to print charts and tell everybody how great everything is, but the market has a different agenda.  I don't see all this free cashflow coming back to shareholders and in fact a GIC pays more income than an oil company
<< Previous
Bullboard Posts
Next >>