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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 > Head Shaker
View:
Post by Knuckle on Jan 16, 2025 9:44am

Head Shaker

WTI and WCS higher
canadian dollar lower
volumes consistent
outstanding shares are diminishing.

Yet the stock price is flat to lower .....
 

and Trump must know that oil is a raw material input....and any tariff just makes the output more expensive.....the USA already has a lock on where our oil goes.....and they get it at a discount....

just doesn't all add up..... Head Shaker

Comment by robert41 on Jan 16, 2025 10:36am
Sadly the buybacks have done nothing in the last year ... maybe they should stop the buy backs hoard cash let the market move the stock down and buy everything back and then see what happens because this is not working....frustrating. Maybe we are seeing how uninvestable oil is regardless of how much money is made