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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Post by MissStock111on Nov 01, 2020 9:21am

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Post# 31819874

Take a look at $VLE with 0.71$net cash per share

If big caps like Peyto are cheap, imagine small cap. Look at this one...
$VLE Valeura energy trading at 0.39$ right now.
shares outstanding: 86 500 000
market cap of 33 000 000$CAD
Cash : 31 000 000$USD = 0.47$/share in canadian dollars
No debt.

just sold some second class assets for 15 500 000$USD.

all that money = 0.71$ net cash per share and they still got their most important assets. Insider buying going on, what else can we ask for ... load and wait game for me.

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