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 Woodporteron Mar 17, 2020 8:19pm

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Post# 30819476

RE:Trajectories for the 4 covenants in last 5 quarters

Yasch22 wrote:

Covenant #4:
[This one still addles my non-accountant's brain. The number is basically the same 5 quarters in a row, even though one of the key variables (shareholders' equity) has gone down by a lot.]

I think you may be confusing shareholder equity, a balance sheet entity, with market capitalization.

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