MEG Energy Corp T.MEG

Nuttall inflates his free cashflow metrics for his favorites

[drunk@noon]

any astute investor know it. The question is, with the up coming jump to the higer royalites, and a realistic
60 dollar WCS (I know they get gulf coast discount 5-7 over coming months but you have added transportation cost. So in a 60 dollar WCS envionment  what is the annualized  cashflow/free cashflow run rate? That is what a number cruncher wants to focus on. Not Nutalls inflated estimates.

[wkrpradio]

So Nutall's boast about $100 a barrel oil turns out to be a just a delusion to pump his investments !

[Moemoney42]

We don't need $100/brl at all.. $80 - $90 USD would set a fire under all the CDN O&G stocks IMO.. That level of crude prices would be easily absorbed by the economy and would still show negtative year over year inflation in the energy sector.. That's the sweet spot we need to see and these companies will be paying down debt hand over fist..!  ;-) Just listened to Cole Smead

[Canoutchie]

Thanks. I just went online to watch the same interview.  Gotta love how the host, Amber Kanwar, was rolling her eyes at some of Smead's predictions, but maybe that's purely because she knows her boss, Bloomberg, is passionately anti-oil&gas. Regardless, gas seems to be catching a bid (see Tourmaline), so maybe some of this sentiment is carrying over into oil.  GLTA