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MEG Energy Corp. (MEG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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14.64+0.28 (+1.95%)
As of 01:50PM EST. Market open.
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  • e
    elc
    why isn't MEG bringing more production online. Maybe they should offer a Secondary just for a new System at Christina lake. they say they have 200K bpd of production on site. Offer it to new investors and build out the plant.

    Old investors, we just get a return on an asset that others will pay to bring online. Better than leaving it sleep.
  • e
    elc
    Production increase - Debt reduction - Dividend

    These are factors that will drive MEG significantly higher.

    Production is required - That may mean adding debt to build. - like to see 120K bpd

    Debt reduction - that may mean hedging needs to be better to maximize profits. Operations need to be streamlined. - like to see under a billion and hedging to be more profitable

    Dividend - any serious money that invests in this space is looking for a cut of the profit. - Like to see a 4% level
  • U
    UnluckyGilmore
    The increase potential for production is nice bate for an acquisition company with deep pockets. Zero logic for MEG to develop. Major front end costs, particularly in todays market. If MEG even hinted that they were going that route capital, including mine, would flee.
  • W
    Well
    remember when Husky offered $11.00 CAD/ share for Meg, now it's over $14
  • K
    Karen
    Nice plug from Eric Nuttall today on Bloomberg.
    MEG ARX TVE
  • j
    jef
    Hey Gordon - are you on this thread? I think the original concern I had on MEG was simply the debt load. This is highly leveraged AND unhedged. Seems risky when there are other options that are unhedged (but without the overhanging leverage). Key issue with MEG is that I don’t see the SP reflecting the heightened risk - oil drops (not likely but could happen) and these guys are exposed (I’ll need to look at their costs again - maybe they can survive $40 oil in the admittedly unlikely event it drops that low????!)
  • S
    Susan
    Newbie here - bought some MEG today and made some $$ already!
  • p
    pfannenstein
    Is anyone using (http://Themaxgains.tech)? I have been following them for around a month and it has been amazing. Way better than MEGEF
  • Y
    Yahoo Finance Insights
    MEG.TO reached a 52 Week high at 13.94
  • Y
    Yahoo Finance Insights
    MEG.TO is up 6.50% to 14.26
  • Y
    Yahoo Finance Insights
    MEG.TO reached a 52 Week high at 13.12
  • Y
    Yahoo Finance Insights
    MEG.TO is up 6.47% to 13.50
  • e
    elc
    Does meg have the ability to increase capacity from current assets ? Could get interesting if they can hit 120k barrels a day
  • Y
    Yahoo Finance Insights
    MEG.TO reached a 52 Week high at 12.94
  • Y
    Yahoo Finance Insights
    MEG.TO is up 6.48% to 11.99
  • -
    -Amazingg-
    Meg will be sold to cve.. in 2022 my friend works for Meg told me.
  • Y
    Yahoo Finance Insights
    MEG.TO reached a 52 Week high at 13.75
  • M
    Money Duck
    Let’s go MEG
  • Y
    Yahoo Finance Insights
    MEG.TO reached a 52 Week high at 14.83