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home / news releases / MEGEF - MEG Energy: Bad Hedges Should Have Been Trimmed

MEGEF - MEG Energy: Bad Hedges Should Have Been Trimmed

Meg Energy Corp
  • MEG has exceeded targets set earlier this year.
  • A bad misstep in their hedging program led to a loss in Q1, in spite of much higher realizations on crude.
  • We think the analysts are too bullish here and MEG may stagnate a bit at this level through the second half.
  • We are neutral on MEG.

For further details see:

MEG Energy: Bad Hedges, Should Have Been Trimmed
Stock Information
Company Name: Meg Energy Corp
Stock Symbol: MEGEF
Market: OTC
Website: megenergy.com
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