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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.


TSX:PEY - Post by User

Post by 7Twiggyon Mar 27, 2022 4:10pm
188 Views
Post# 34550185

All boats should rise.

All boats should rise.Most of the dividend stocks I have followed have quarterly dividends and fall about the same amount as the dividend on the dividend pay date.  New to Peyto.  Does this same pattern apply to Peyto each month after they pay the dividend.  Interested in past behavior.  Suspect things could be a little different going forward with natural gas prices up and Biden's comments about working with Canada to increase
the amount of natural gas going to the European Union.  Really new to the sector, but with all that is happening seems to me this is the place to be. IMO any number of companies should do well. Thinking of adding tomorrow but which name do I add.  Already have Peyto and Birchcliff and thinking of adding to both or adding a third name.  In this environment there is a good chance all boats will rise.
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