Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using its ownership in gas processing facilities in southern and central Alberta. It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its upstream assets include conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale and Burmis.

TSX:PEA - Post by User

Pieridae Energy Ltd > pea $$$

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Comment by Maxmoeon Mar 22, 2022 3:59pm

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Post# 34535631

RE:RE:pea $$$

Very common sensical. Stock has shown little connection to quarterly results, so why start now? One day quarterlies and fundamentals will be the driver.

commonsense9 wrote: The only financial news is the gas operations. That news has been dismal every quarter, with debt getting worse and worse. PEa spins it every time- and that seems to satisfy markets.

This is probably going to be the first quarter that the news is not bad. But they never admitted it was bad, and people seemed to buy that- so what difference is it going to make?

I dont think the stock moves on things like that. It moves on people sniffing the wind. "Gas is good." So Pieridae goes up. "Lots of buzz around LNG and Europe right now." Etc.

RaniQuebec wrote: Do you think the stock will increase or decrease after release its fourth quarter and year-end 2021 results on Thursday, March 24, 2022 prior to markets opening.?