Peyto Exploration & Development Corp T.PEY

Buzz on the Bullboards: Tech gains amid weak commodities

[stockmarket1]

I agree as well and of course, the price of Nat Gas today is on a decline ..... again! Mid $2.50 as I write this. 

[Westcoastenergy]

I agree Sukhi.  

[Sukhi19]

Natural gas prices are much higher than Q1. CASCADE is scheduled to start in Mid July-fingers crossed. LNG Canada is only a year away. They have indicated that their debt may rise a little but have

[Jonathon Brown]

Weak commodity prices and a significant sell-off among heavyweight financial shares counterbalanced gains. read article.

[MagicPinstripes]

I completely agree that the Cascade contract isn't all that transparent and there's been quite a bit of discussion on this board about it in the past. As power pool prices fluctuate, I think

[MikeySwoosh]

MP, I think you make some valid points and I'm glad you've managed to do well with PEY. I would push back on a couple of things though if I can. 1) Peyto does have a proven track record of

[MagicPinstripes]

I also agree with the idea of being fiscally responsible. I would also hope that investors in Peyto would know what they're buying into - a company with a proven track record of being profitable

[John14v3]

I do not disagree with being fiscally responsible. However, if an investor wants the safety of OXY, Suncor or Touramine, go buy OXY, TOU, SU. Some investors want to get an ROI that actually ends up in

[PressRelease]

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated April 4, 2024 were elected as directors of Peyto at Peyto's annual meeting of...read article.

[stockmarket1]

I do like what you wrote here!  I think a base quarterly dividend of say $0.15 paired with a special dividend would be lot more fiscally responsible, much like Tourmaline does it.

[MikeySwoosh]

I'm not sure what it would look like, but I think a base quarterly dividend of say $0.15 paired with a special dividend would be lot more fiscally responsible, much like Tourmaline does it. Some

[stockmarket1]

 You mean a change in Dividend from monthly to quarterly? Or reducing the payment amount but still stay monthly? Just curious. :)

[MikeySwoosh]

AGM held after close. Does chairman Gray survive another year? Likely the reason for the price pressure today. A new chairman could certainly mean a change in dividend policy, which actually would be

[stockmarket1]

Yes, and the price of Natural Gas is over $2.80 as I'm writing this. $3 looks promising now which I think is good. 

[auagntungsten]

This is a milestone, congrats. to the team, GLTA invested one way or another. 

[NonCredibleSrc]

EOM