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 > I missed the boat

<< Previous

Bullboard Posts

Next >>

Comment by elduckyon Jun 03, 2022 2:38pm

202 Views

Post# 34730382

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I missed the boat

I'm assuming $5 as the fixed contract for next year. I get an extra $120 million/year compared to Q1 levels, so you are right, I didn't include some of the expenses properly.

They'd need closer to $7 to pay down everything. Not that they'd need to pay it all down, if they paid off enough of it to be healthy.

<< Previous

Bullboard Posts

Next >>

Investing in the 60/40 portfolio, is it still relevant?