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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

Comment by Oldnaggeron Sep 26, 2022 11:52pm
307 Views
Post# 34988475

RE:There

RE:ThereI have owned Cardinal for a long time and it has been a good dividend play due to its slow decline rates. But if you are investing for the future , there are other better places. Peyto is one , but it does require patience . Meanwhile a 6 % dividend will at least pay the rent while you wait !!
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