Asset QualityMEG Energy Corp remains one of the top picks due to its top-tier in-situ asset and capitally efficient growth trajectory, which could translate into one of the strongest delivered yields within its peer group.
Capital ReturnsExecution on return of capital continues with 6.7 million shares repurchased, representing approximately 3% of the float.
Free Cash FlowMEG Energy generated $168 million of free cash flow, returning all of it to shareholders through its base dividend and share repurchases.