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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Large blocks 67000
View:
Post by Cashcow49 on Feb 10, 2021 9:08am

Large blocks 67000

something is going on to have put up large amounts of shares, while companies public relations doesnt seem to exist
Comment by Cashcow49 on Feb 10, 2021 10:53am
LNG up WTI up and heading to $60.00 no guidance by the company, why would investors invest ???
Comment by Cashcow49 on Feb 10, 2021 11:50am
condensate 75.50
Comment by commonsense9 on Feb 10, 2021 2:02pm
The current price is not relevant. Condensate prices are so important to their financial survival, so they lock most of it in with hedge contracts. Their success at that in Fall 2019 is what kept them from defaulting on their term loan in 2020.
Comment by commonsense9 on Feb 10, 2021 2:07pm
Large blocks of shares have been going back and forth for over a year of stagnant low prices. And their public relations is something they do really well. Got you here. They just dont say anything when there is no pretend good news to whip up and spin out.
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