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Bullboard - Stock Discussion Forum 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... see more

TSX:MEG - Post Discussion

MEG Energy Corp > Will Cenovus buy Meg
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Post by Oasisjunior on Jun 19, 2021 11:03am

Will Cenovus buy Meg

The big question will Cenovus put the offer out to buy Meg?????
Comment by Eigen337 on Jun 19, 2021 11:29am
This post has been removed in accordance with Community Policy
Comment by Fuzman5902 on Jun 19, 2021 12:38pm
Lot's of chatter on the CVE board I see... If oil prices stay high, meg pay's off more debt which get's them a more favorable share exchange  It's just a matter of time that SU & CVE get a rerate to 7X fcf multiple, would you rather be trading @ a maximum of 6 or 7?  I know what I would prefer :) I'm hoping it's this kind of logic that would entice the ath ...more  
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