Market Impact: Slightly positive, as opex guidance has been reduced, and MEG now expects to allocate ~$30 mm of its $170 mm 2016 capex budget to growth projects, implying lower sustaining costs.
28 Jul 2016
2Q16 CFPS $0.03/SHARE
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2Q16 CFPS $0.03/SHARE
MEG Energy Corp. (MEG:TSE) | 0 0 (-0.9%) | Mkt Cap: 1,559m
- Published:
28 Jul 2016 -
Author:
Michael P. Dunn -
Pages:
3
Market Impact: Slightly positive, as opex guidance has been reduced, and MEG now expects to allocate ~$30 mm of its $170 mm 2016 capex budget to growth projects, implying lower sustaining costs.