TSX:HSE.PR.B - Post by User
Comment by
Dogsbreakfast4Uon Nov 01, 2018 9:17am
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Post# 28906882
RE:RE:MEG's Q3 Performance
RE:RE:MEG's Q3 PerformanceIgnore the usual typical bluster from Evans for which is was well known at Pengrowth while the stock was spiraling toward 0. The bottom line is this: 1. 19 million in operating loss 2. Significant increase in transportation costs and growing 3. Upcoming production cut between 4 and 6 thousand barrels at day. 4. A prayer that the discount will shrink to be of little use if oil prices continue to fall. 5. The 4th quarter will be ugly.