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It's earnings season! That means there are going to be some unwarranted sell offs, and that means it's time to take advantage of the dips. MEG Energy (MEGEF) or (MEG.TO on the TSX) reported earnings Tuesday night and sold off 7% on the news. They can only do so much with a crippled oil price and I think they are doing fairly well. MEG Energy has a very good hedge book for the rest of 2020 which is giving them plenty of cash to work with and keeping the balance sheet fairly clean.