Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

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.

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Peyto Exploration & Development Corp

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Comment by dalerules88on Jan 12, 2018 2:14am

83 Views

Post# 27339698

RE:RE:Kudos for getting this out of the way now instead of Jan15

here, here, agree with you 100%

ghostzapper - (1/11/2018 9:33:26 PM)
RE:Kudos for getting this out of the way now instead of Jan15

I'm glad they got this out of the road asap. I could say I had wished for a dividend down to 4 or 5 cents but hey I'm glad they went down at least to 6 cents. My thinking for a bigger drop to get Peyto back to a position of thinking like the exploration company I knew and liked in its early days. I'm most happy to see now they are in a position to be using free cash to buy back stock, retire debt and invest in the business. It pleases me no end seeing the new position of Executive Vice President, New Ventures being created. As well exploring new marketing strategies.

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