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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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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 > Nuttal
View:
Post by Moemoney42 on May 07, 2024 10:57am

Nuttal

is in favor of a base dividend as well as buy backs.. his reason is the same as mine that, by introducing a small base divi it will bring more investors to the stock which the sector could use.
He also talks about re-ratings as a result of buybacks and prefers them at this point until the re-rating takes place.. problem is I've been hearing him talk re-rating for a long time now.. and the sector doesn't seem to be getting that consideration yet.. will it ever is what I'm beginning to wonder..??? 
Comment by 60606060 on May 07, 2024 11:28am
All oil and gas companies are going to be re-rated one way or another. #1 When money managers realize that the future of oil and gas is stable and will always be needed. #2 When the CAD tanks and people realize oil and gas is priced in the world currency/USA dollars.People will flock out of CAD assets and buy USA priced assets.
MEG Energy Corp