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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

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Post by 1rockit on May 23, 2022 9:46pm

$$ ;

With the price of nat gas where it is, one would think that the company could get a better deal on long term debt. All of the sudden their debt isn't looking so risky. You'd think they'd be able to at least cut their obligations of 20% interest on their debt to at least half that . I could definitely see some stock price appreciation because I this.. Just another angle that this company is a better buy than ITE . Another reason is the 40 thous barrels P/D Equivalent.
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