Comment by
robert41 on Jan 07, 2025 9:14pm
I actually thought the buybacks were a bit lame I guess fcf was a lot lower than November.
Comment by
Fuzman5902 on Jan 09, 2025 10:30am
Maybe just maybe the price of the commodity might have something to do with it (Just saying) Other plausible explanations could be replenishing the piggy bank to make up for lost production in Oct. Oct buybacks were very robust. Q4 Capex should be in the 175M range has some cash been moved around becase of this? Fuz
Comment by
robert41 on Jan 09, 2025 7:59pm
Is megs type of oil that much cheaper than what tve and arx are selling? I guess i need to understand that.
Comment by
Margin321 on Jan 10, 2025 12:05am
They have 30 years plus of reserves and the oil sands wells produce for many years with very little maintenance capex and they do not have the constant stream of capex requirement to keep drilling shale wells that have steep declines. Christina Lake is the absolute premium of oil sands reservoirs. .
Comment by
robert41 on Jan 10, 2025 9:47am
Thx I'm aware of all that that's one of the reasons I invested still Meg has been a major laggard nice move today WTF did oil go nuts?