MEG Energy Corp (TSX:MEG)

C$ 27.83 -0.3 (-1.07%) Market Cap: 7.59 Bil Enterprise Value: 8.77 Bil PE Ratio: 13.51 PB Ratio: 1.68 GF Score: 85/100

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Q1 2020 MEG Energy Corp Earnings Call Transcript

May 05, 2020 / 12:30PM GMT

Release Date Price: C$3.38 (+16.15%)

Transcript

Operator

Good morning. My name is Colin, and I'll be your operator today. At this time, I would like to welcome everyone to the MEG Energy 2020 First Quarter Results Conference Call. (Operator Instructions)

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

Derek W. Evans

MEG Energy Corp. - President, CEO & Director

Thank you, Colin. Good morning, everyone, and thanks for joining us to review MEG's first quarter 2020 operating and financial results.

I have on the line with me, Eric Toews, our CFO; Chi-Tak Yee, our Chief Operating Officer; and Lyle Yuzdepski, our General Counsel and Corporate Secretary. This is the first time that we've not all been in the same room together while hosting this call. So please bear with us through any technical challenges.

Just a reminder that this call contains forward-looking information. Please refer to the advisories in our disclosure documents filed on SEDAR and on our website.

Past few months have delivered unprecedented challenges. The COVID pandemic associated demand

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