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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

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Post by Investnowplease on Feb 19, 2023 4:28pm

Divy

Any thoughts on when a divy might be coming? Have owned this stock for well over a year. My biggest holding, and am very happy with it, and the direction its going. The next pop imho will be when they announce one. Debt levels are managable now or should be.   


first posting on this companies bullboard. Btw

Comment by jleer42 on Feb 19, 2023 5:13pm
it's in MEG's presentation. They will consider it when debt is down to $600 million.~YE2024 at $80WTI
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