MEG Energy Corp T.MEG

Q2

[Fuzman5902]

Interesting post from twitter.

https://twitter.com/Gugo907/status/1803799133121085741/photo/1

If the numbers hold, royalties increase, C5 diff decreases

BUT

WT! up, Differential way up, premium in usgc must be up, fx up a little 

Even if I'm not close it's going to be one heck of a quarter.

Fuz

[Fuzman5902]

Looks as if Q2 production will be 3-4 % lower, coupled with TMX line fill bitumen sales somewhere in the 95-96 range? How impactive is Line Fill? With the lower production I'm assuming Capex goes up, Speaking of Capex how much of the $ 100M will be accounted for? Do they squirrel away another $ 52M? Way to many variables for an accutate fcf guess. My guess Debt target hit mid July

[Fuzman5902]

https://x.com/Gugo907/status/1808212460849000955/photo/1 More fodder from twitter. If it's as easy as multiplying share buy backs X 2 FCF comes in around $ 136 M. Plausible if Capex up $ 52 M repaid 50% of the 100M spent Q2 Line fill Q3 & Q4 could be outstanding. Regards Fuz