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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 > Stockchase After the Close
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Post by retiredcf on Jan 21, 2025 6:59am

Stockchase After the Close

Wall Street was closed Monday to honour civil rights leader, Martin Luther King, Jr., but the TSX advanced 0.34%. Most sectors enjoyed gains, led by energy and materials, while only four sectors lagged slightly, including tech. 

Major movers included Bombardier up 7.17%, Meg Energy 6.27%, CNQ 4.35%, Calibre Mining 3.07% and Kinaxis -1.84%. Commodities were mixed. Gold added US$5 to US$2,708 an ounce, but WTI shed a dollar to dip below US$77 a barrel. Bitcoin scaled new heights early in the day to US$109,00, and finished the session 0.2% higher at US$103,775. After the inauguration of President Trump, U.S. futures were modestly up. The NYSE reopens on Tuesday.



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