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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas Refining & Marketing
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 produces, transports and sells thermal oil (Access Western Blend) 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. The Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta and is comprised of approximately 200 square kilometers of mineral leases.


TSX:MEG - Post by User

MEG Energy Corp
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  • retiredcfX
Post by retiredcfon Feb 12, 2025 6:29am
217 Views
Post# 36449080

Analyst Recommendation

Analyst RecommendationCOMMENT
General Comments From an Expert(A Commentary)
11/02/2025

He likes Canadian energy where such companies make good energy, valuations are attractive and are coming back after being overlooked for US energy. Many are returning capital to shareholders as they control spending. Overall, are strong financially.

Chris Thom

BUY
MEG Energy Corp(MEG-T)
11/02/2025

Are buying back lots of shares. Option premiums are decent. Likes it.

Oil / Gas

Chris Thom
$23.880
Unknown



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