Post by
Oasisjunior on Jan 05, 2021 12:52pm
Is Cenovus looking at meg energy?????
If so it would make Cenovus a super power in the canadian oil and gas.....
Comment by
Husky4000 on Jan 05, 2021 1:41pm
Probably not at the moment. Give them time to merge correctly and prove over a few quarters that it is profitable $$$. Then we'll see what they'll. Paying out debt, Raising dividend, west white rose, etc...MEG is low on the list, in my opinion.
Comment by
Oasisjunior on Jan 05, 2021 1:54pm
Raising the divi sure would impress the share holders.... west white rose???? i'm not so sure but let's hope they can make it profitable.
Comment by
Husky4000 on Jan 05, 2021 3:13pm
I mean, things can change. It all depends on oil prices. When CVE will have a couple billions to invest they'll have a decision to make.
Comment by
mrbb on Jan 05, 2021 2:31pm
it would make perfect sense. Husky had took a shot at MEG before. Now MEG is even cheaper.