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.

TSX:PEY - Post by User

Peyto Exploration & Development Corp

Bullboard Posts

Comment by Nacho1on Oct 08, 2019 4:54pm

107 Views

Post# 30209153

RE:RE:RE:RE:Realtime Hedge Book

Thanks for good input.

I agree with you. Ive been averaging down this for the better part of a year.

I’m defending at a 30% loss, and I will continue buying.

Ive set up a decent model on the company, Ive been off by only a few million bucks. For 4 quarters straight. For Q3 I have a $ 13m profit and $ 30m FCF.
Thats pretty decent considering the shitty pricing seen in the market. Interest costs, I see major EPS accreation onwards due to the lower treasury curves.

Best

Nacho

Bullboard Posts

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire