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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 > Sp heading lower
View:
Post by invest888123 on Nov 09, 2021 9:48am

Sp heading lower

Oil is up but meg so heading lower. I guess a bunch didn't like the conference call? Why the selling pressure?
Comment by DaddyWarBucks on Nov 09, 2021 10:01am
This post has been removed in accordance with Community Policy
Comment by Bigpond on Nov 09, 2021 10:19am
The way they dropped it from $11.50 to $11.14, seems like they will try to bring it bellow $11.00. GLTA
Comment by invest888123 on Nov 09, 2021 11:50am
oil market taking profits it seems. now the questions is if the 10.90 range support will hold up this week.
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