MEG Energy Corp (TSX:MEG)

C$ 27.83 -0.3 (-1.07%) Market Cap: 7.59 Bil Enterprise Value: 8.77 Bil PE Ratio: 13.66 PB Ratio: 1.70 GF Score: 77/100

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MEG Energy Corp to Discuss 2022 Capital Investment Plan Transcript

Nov 30, 2021 / 01:30PM GMT

Release Date Price: C$10.4 (-5.02%)

Transcript

Operator

Good morning. My name is Pam, and I'll be your conference operator today. At this time, I'd like to welcome everyone to MEG Energy's 2022 Capital Investment Plan 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, Pam. Good morning, everyone, and thank you for joining us to review MEG Energy's 2022 investment plan and operational guidance. In the room with me this morning are Eric Toews, our Chief Financial Officer; Lyle Yuzdepski, our General Counsel and Corporate Secretary; and Darlene Gates, our Chief Operating Officer.

I'd like to remind our listeners that this call contains forward-looking information. Please refer to the advisories in our disclosure documents filed on SEDAR and on our website. I'll keep my remarks brief today and refer listeners to yesterday's press releases for more detail.

In 2022, we plan to invest $375 million, with full year production expected to average 94,000 to 97,000

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