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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

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TSX:MEG - Post Discussion

MEG Energy Corp > Expect record numbers from MEG Energy

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Post by GrandBend on Apr 04, 2022 3:19pm

Expect record numbers from MEG Energy

Note Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets.

Exxon’s announcement that first-quarter results may have reached almost $11 billion augurs booming profits across the oil industry as trade sanctions, shipping disruptions and surging demand strain supply lines.

Lets hope MEG has been smarter than CVE with hedging and they announce a record profit in May. GLTA.

217

Comment by newcoin on Apr 04, 2022 3:32pm

Eric Nuttall said MEG didn't have any hedges. That's why he was so in favour of it.

130

Comment by GrandBend on Apr 04, 2022 3:53pm

Thank you for that information - I did not know that ... and that certainly bodes well for us.

112

Comment by Eigen337 on Apr 04, 2022 3:54pm

This post has been removed in accordance with Community Policy

Comment by Eigen337 on Apr 04, 2022 4:10pm

This post has been removed in accordance with Community Policy

Comment by Beakr123 on Apr 05, 2022 12:31am

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MEG Energy Corp

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