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Bullboard - Stock Discussion Forum 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 transports and sells thermal oil (AWB) to customers throughout... see more

TSX:MEG - Post Discussion

MEG Energy Corp > Are the news releases this morning good news?
View:
Post by Jonzeeee on Jan 19, 2021 8:55am

Are the news releases this morning good news?

Comment by DeepValueOil88 on Jan 19, 2021 9:14am
Its fantastic. Raising price target due to lower cost of financing, push out maturity significantly, and superior terms. Genius risk assessment on minimal hedges. Unofficial results from quarter and year reveal significant progress. Short arbs explain recent dip. WTC takes MEG value exponential. Persian Gulf at Strait of Hormuz is now occupied by Iran in its 'training' drills. Will pay ...more  
Comment by Jonzeeee on Jan 19, 2021 9:21am
great thanks 88
Comment by DeepValueOil88 on Jan 19, 2021 10:26am
Fitch raises rating. Very positive report! MEG will brilliantly benefit from lower interest cost. On new bond closing February 18, experience shows MEG equity to price between $6 to $7 per share.
MEG Energy Corp