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 > Dividends

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Post by BIGMONNIESon Nov 11, 2022 6:41pm

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Post# 35092886

Dividends

Only a dividend will stabilize the SP. MEG is too volatile for most long investors. Too many day traders trying to time it. I admit I have been one of them and have made a lot of money off MEG. I have been stuck below my ASP a couple times but am very reluctant to buy in at higher prices. I missed a couple ramp ups but this stock has been relatively easy to time IMO.

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