Peyto Exploration & Development Corp PEYUF

NG NEWS

[wreckhouse]

• Electricity demand to power the data centers is soaring and so is demand for grid connections.
• As electricity demand from data centers is set to jump to as much as 42 GW by 2030, from 11 GW now, the U.S. would need an additional 8.5 billion cubic feet per day of natural gas.
• Natural gas demand for power generation is set to jump in the second half of this decade, and U.S. benchmark natural gas prices could average as much as $4 per million British thermal units.

  $4 dollars is better than todays price .   BCRNW
 

[stockmarket1]

Eric Nuttall, as well, has a similar Nat Gas price estimate of $4 for 2025.  If that price does come to fruition.  PEYTO should easily hit $20 a share, I would think. 

[bttmfischer]

Peyto may hit $20, but as they are heavily into hedging, the 4 dollar NG price might not be as influential as itnormally  would be.

[malx1]

lol the hedge experts are back..................................... Reason why PEY is riding high is Repsol and hedge book. Cool your jets, buy a lemonade, collect some coins while we wait for NG demand to rise.

[malx1]

Nobody smarter than Nuttall. Best in Canada. Pierre Lassonde?   Maybe.   But he's a Gold Bug

[ckwong]

I checked the record, in 1994, NG is about U$4. Now is U$2. No inflation? Of course not. If you count 3% inflation, the current NG price would be about U$4. Assume PEY does not change the production volume but the U$2 extra will add a lot of $$$$ to the bottom line.

[houbahop]

Since 1994, productivity in extracting gas has improved tenfold.

[Singoa58]

A lot of ifs      Glut of natty gas expected to last a decade 

[NGinGWN]

That $4 price prediction for 2025 is certainly consistent with current AECO futures pricing AECO gas prices