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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 > RBC Note
View:
Post by Ztransformer on Nov 24, 2024 12:57pm

RBC Note

RBC Capital Markets head of global energy research Greg Pardy reviewed his top picks in the energy sector,

“On average, we are broadly in-line with FactSet consensus on equivalent production and capital spending expectations. On balance, we think the majority of producers will stay the course next year in regards to capital discipline, strengthening balance sheets, pursuing modest organic production growth and displaying an ongoing commitment to shareholder returns — with an emphasis on share buybacks. We continue to favor energy companies with cash flow leverage towards oil-weighted segments. In our eyes, energy producers are well equipped to handle commodity price volatility given their strong balance sheets while maintaining shareholder return optionality. Our favorite senior producer remains Canadian Natural Resources, with Suncor Energy our favorite integrated, and MEG Energy our favorite intermediate producer"

z172

Comment by Moemoney42 on Nov 24, 2024 1:31pm
Ah yes and here we go again.. a day late and a dollar short.. LMAO..!! How insightful and repetative..! LOL..
Comment by Ztransformer on Nov 24, 2024 4:55pm
This post has been removed in accordance with Community Policy
Comment by Ztransformer on Nov 25, 2024 10:14am
This post has been removed in accordance with Community Policy
Comment by Ztransformer on Nov 25, 2024 10:43am
Ahhh Yes Here we go again.. a day late and a quarter short.. LMFAO Moemoney42 is back with his rhetorics..!! How insightful you are to the community..! Shame on ya dude LOL..
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