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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 > MEG December 2024 NCIB: NICE CONSISTENT BUYBACKS !
View:
Post by ztransforms173 on Jan 07, 2025 7:50pm

MEG December 2024 NCIB: NICE CONSISTENT BUYBACKS !

from SEDI:

Insider name: MEG Energy Corp.  
Insider's Relationship to Issuer: 1 - Issuer  
Ceased to be Insider: Not applicable  
Security designation: Common Shares  
        4432936 2024-12-02 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +60,000 24.9952   60,000                
   
        4432944 2024-12-02 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -60,000     0                
   
        4432951 2024-12-03 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +59,900 25.0235   59,900                
   
        4432956 2024-12-03 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -59,900     0                
   
        4432961 2024-12-04 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +60,800 24.6331   60,800                
   
        4432964 2024-12-04 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -60,800     0                
   
        4432967 2024-12-05 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +60,500 24.7633   60,500                
   
        4432971 2024-12-05 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -60,500     0                
   
        4432974 2024-12-06 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +63,200 23.7292   63,200                
   
        4432976 2024-12-06 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -63,200     0                
   
        4432984 2024-12-09 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +62,300 24.0492   62,300                
   
        4432989 2024-12-09 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -62,300     0                
   
        4432997 2024-12-10 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +63,300 23.6742   63,300                
   
        4432999 2024-12-10 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -63,300     0                
   
        4433004 2024-12-11 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +63,300 23.6895   63,300                
   
        4433012 2024-12-11 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -63,300     0                
   
        4433015 2024-12-12 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +63,000 23.7755   63,000                
   
        4433020 2024-12-12 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -63,000     0                
   
        4433024 2024-12-13 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +63,400 23.6455   63,400                
   
        4433030 2024-12-13 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -63,400     0                
   
        4433034 2024-12-16 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +64,100 23.3991   64,100                
   
        4433041 2024-12-16 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -64,100     0                
   
        4433049 2024-12-17 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +65,400 22.9346   65,400                
   
        4433059 2024-12-17 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -65,400     0                
   
        4433063 2024-12-18 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +64,900 23.1136   64,900                
   
        4433069 2024-12-18 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -64,900     0                
   
        4433074 2024-12-19 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +66,300 22.6346   66,300                
   
        4433080 2024-12-19 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -66,300     0                
   
        4433087 2024-12-20 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +67,200 22.3240   67,200                
   
        4433096 2024-12-20 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -67,200     0                
   
        4433100 2024-12-23 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +66,700 22.5039   66,700                
   
        4433105 2024-12-23 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -66,700     0                
   
        4433112 2024-12-24 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +65,400 22.9386   65,400                
   
        4433117 2024-12-24 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -65,400     0                
   
        4433123 2024-12-27 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +64,700 23.2164   64,700                
   
        4433126 2024-12-27 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -64,700     0                
   
        4433135 2024-12-30 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +65,100 23.1123   65,100                
   
        4433141 2024-12-30 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -65,100     0                
   
        4433148 2024-12-31 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase +64,300 23.3695   64,300                
   

        4433153 2024-12-31 2025-01-07 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -64,300     0

***

z173
Comment by robert41 on Jan 07, 2025 9:14pm
I actually thought the buybacks were a bit lame I guess fcf was a lot lower than November.
Comment by Fuzman5902 on Jan 09, 2025 10:30am
Maybe just maybe the price of the commodity might have something to do with it (Just saying) Other plausible explanations could be replenishing the piggy bank to make up for lost production in Oct. Oct buybacks were very robust. Q4 Capex should be in the 175M range has some cash been moved around becase of this? Fuz
Comment by robert41 on Jan 09, 2025 7:59pm
Is megs type of oil that much cheaper than what tve and arx are selling? I guess i need to understand that.
Comment by Margin321 on Jan 10, 2025 12:05am
They have 30 years plus of reserves and the oil sands wells produce for many years with very little maintenance capex and they do not have the constant stream of capex requirement to keep drilling shale wells that have steep declines. Christina Lake is the absolute premium of oil sands reservoirs. .
Comment by robert41 on Jan 10, 2025 9:47am
Thx I'm aware of all that that's one of the reasons I invested still Meg has been a major laggard nice move today WTF did oil go nuts?
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