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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 dalerules88on Sep 30, 2019 6:04pm
108 Views
Post# 30179532

RE:RE:RE:AECO rebound

RE:RE:RE:AECO reboundAnd as TheRock pointed out, realization is well above break-even for 2019, with 2019 projected Total Supply Cost at $1.90, so looks like 2019 will still be profitable, not just on cash flow but also on accounting basis. And 2020 already has substantial amount of hedges in place, so large chunk of 2020 production is also already covered, again, profitably. 
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