MEG Energy Corp (TSX:MEG)

C$ 28.48 -0.2 (-0.7%) Market Cap: 7.76 Bil Enterprise Value: 8.95 Bil PE Ratio: 13.92 PB Ratio: 1.73 GF Score: 85/100

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Q4 2019 MEG Energy Corp Earnings Call Transcript

Mar 05, 2020 / 01:30PM GMT

Release Date Price: C$6.04 (-0.17%)

Transcript

Operator

Good morning, my name is Joanna, and I will be your conference operator today. At this time, I would like to welcome everyone to the MEG Energy's 2019 Year-End Results Conference Call. (Operator Instructions)

Thank you. Mr. Derek Evans, you may begin your conference.

Derek W. Evans

MEG Energy Corp. - President, CEO & Director

Thank you, Joanna, and good morning, everyone, and thanks for joining us to review MEG's full year 2019 operating and financial results. In the room with me this morning, I have: Eric Toews, our CFO; Chi-Tak Yee, our Chief Operating Officer; and Lyle Yuzdepski, our Senior VP of Legal, General Counsel and Corporate Secretary.

Just a reminder that this call contains forward-looking information. Please refer to the advisories in our recently uploaded disclosure documents filed on SEDAR and, of course, on our website. I'll limit my remarks to a few key highlights of the year to leave more time for questions.

In 2019, our priorities were to improve overall cost efficiencies, preserve financial liquidity and

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