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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 > Meg, TVE, EFR, CPG, and others are buy opps today/any down d
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Post by 60606060 on Apr 11, 2022 3:56pm

Meg, TVE, EFR, CPG, and others are buy opps today/any down d

Cornerstone presentation was very informative -see Eric Nuttall, oil supply is way below demand and supply will not improve enough to lower price points. Expect higher lows and higher highs and much higher prices every quarter, especially Q4 2022.
Comment by filefish on Apr 11, 2022 5:08pm
Every weeks that goes by, MEG is worth several millions more than it was the week before. In another 6 months,  this might become one of the safest stocks in the Canadian Oil & Gas sector .
Comment by Deckdude on Apr 11, 2022 8:07pm
Not really caring what it'll be in 6 months. I want this to go up to over what I paid this week. 
Comment by masfortuna on Apr 11, 2022 11:26pm
Nobody cares...
Comment by jack4567 on Apr 12, 2022 2:20pm
Deckdude, you may have to wait.  At least till the earning report in early May.
Comment by Bigpond on Apr 12, 2022 4:10pm
Can't believe how far away MEG is from 52 weeks high right now. CVE and CNQ are almost back to 52 weeks highs.
Comment by zalmonella on Apr 13, 2022 12:48am
In another 6 months,  this might become one of the safest stocks in the Canadian Oil & Gas sector . Meanwhile, MOU - which I also own, though less in quantity than MEG - is setting new highs every week, despite additional leverage and a different model.  It's really responding to the cycles in pricing and market scarcity.  MEG, meanwhile.... 
Comment by masfortuna on Apr 13, 2022 7:58am
Mou? Is that citigroups fund?  I thought it went defunct.
Comment by zalmonella on Apr 18, 2022 4:25pm
Mou? Is that citigroups fund? Whoops - hit the wrong key. That's TOU - Tourmaline. At $65.83 today I'm up 48% on my January purchase.  Even the relentlessly-hopeless BIR, which I bought at the same time and let go of at $9+ for a 50% run a couple of weeks ago is beating MEG all hollow.  I shouldn't complain being up 34% since January, but on sure things like the price of ...more  
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