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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 > Eric the Nut will steal candy from a kid any day of the week
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Post by therookie87 on Nov 22, 2024 8:43am

Eric the Nut will steal candy from a kid any day of the week

...do you guys really believe in him???  Like he said, both the small caps and mid caps oil plays are down and out right now....been like this for the last 2 - 3 years. Do you really think things are going to change anytime soon??  Ask Trump and you'll get your answer!  So, why buy t.MEG now when you can buy it at a much cheaper price later in 2025!!!
Buy v.ARTG and v.IGO instead!!!
Comment by dogatcat on Nov 22, 2024 12:16pm
ARC is a great pick.   MEG, maybe.   If Pollievre is the new PM and the Cons get a majority, yeah MEG is a go!
Comment by robert41 on Nov 22, 2024 1:46pm
meg is a go regardless of trudope whos thankfully gone in a landslide. Be prepared for him to try and get quebec and ontario back on side with loads of financial gifts....Megs low float and going lower endless reserves and super low debt should lead to a massive increase in the divi down the road once they hit the share buy back target. what ever that target maybe. Goldman predicting 75 oil in ...more  
Comment by ztransforms173 on Nov 22, 2024 2:08pm
- DON'T FORGET BOTH the NOMINAL BOP & FASTER PER SHARE UNIT GROWTH - WAIT till MONDAY: * MAX BOP is going from 110,000 bbls/d to 125,000 bbls/d or MAYBE 135,000 bbls/d (?) depending on HOW AGGRESSIVE they are in the THIRD PROCESSING TRAIN CAPEX - S/O is being REDUCED by ROBUST NCIB z173
Comment by robert41 on Nov 22, 2024 2:39pm
True forgot about the growth..we just need oil to sit nicely over $70 for the next several years and Meg is a cash machine. Would like to see them set a target for the float like a debt target. Perhaps they address this on the next webcast.
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