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

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MEG Energy Corp > closing price on this Friday - My guess $21

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Post by Paray99 on Nov 30, 2022 12:06pm

closing price on this Friday - My guess $21

What do you guys think about the closing price for MEG on this Friday? My feeling is north of $21, considering everything happening around the world and US inventories falling drastically.

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Comment by Jim12345 on Nov 30, 2022 2:04pm

Weak hands shaken today noon. So, I call for $22 this Friday.

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Comment by Paray99 on Nov 30, 2022 6:09pm

Ok, too much optimism, but let us hope for that close!

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Comment by Paray99 on Dec 01, 2022 8:52am

Looks like it could hit closer to $20.50 today, marching closer to my weekend guess of $21. But, it is not going to end there, as OPEC is planning to further production cuts, while Europe trying to stop all the Russian oil. Things are not adding up correct, but we as investors don't care as all these will boost our oil investments. At some point, US will start to replenish their SPR ...more

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MEG Energy Corp