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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 > Fear of Tariffs
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Post by retiredcf on Jan 19, 2025 11:07am

Fear of Tariffs

Hope they are right. GLTA

It is possible markets 'react' again, but in many cases they have already. Trump has already walked back comments to 2% a month rather than 25% one time. Industrial stocks such as ATS, MG, MRE etc. could still be impacted. CLS has benefited from stong growth, good partnerships and its AI connection. Oil could rally as we highly doubt Trump is going to tariff 4 million barrels a day of imports. (5iResearch)




Comment by retiredcf on Jan 20, 2025 10:39am
Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office, but rather directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, an incoming Trump administration official said. President-elect Trump, who takes office on Monday, has pledged tariffs of 10 per cent on global imports, 60 per cent on ...more