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Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas E&P
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 > LOL - That People Would Sell At $110 WTI
View:
Post by newcoin on Mar 10, 2022 1:33am

LOL - That People Would Sell At $110 WTI

Insane!! Sell MEG because Oil is only $110?
Comment by EnergyWatcher55 on Mar 10, 2022 12:48pm
Do not like to put in pin in your balloon. Oil at $110 is not reality. Its paper barrels. Lots of physical oil out there. Russian oil will go to China and India. Opec can easily increase output and don't forget Iran-anyday a deal will put a stake through oil prices. Good luck!
Comment by newcoin on Mar 10, 2022 1:46pm
I'm referring to the fact MEG is a cash machine at $90 oil. No reason to sell it because WTI dropped from $130 to $110. This is Enery Ignorance. I'll try to work the market's error to my advantage. How about you?
Comment by Hungry38 on Mar 11, 2022 11:19am
Q1 results will be astonishing to say the least!
Comment by Moemoney42 on Mar 11, 2022 3:16pm
Yup all those unhedged barrels near multi year highs and no disruption from maintenance schedules yet, means Q1 will be fantastic..!!  ;-)
MEG Energy Corp
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