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 > Are shorts finally covering?

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Comment by Quintessential1on Jan 14, 2021 9:36pm

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Post# 32303506

RE:Are shorts finally covering?

Oil price is up, Natural Gas price is good, earnings report is coming soon, all NG stocks have good tailwinds right now given the expected NG shortage and this stock seasonally trades high this time of year. Add that to bullish energy sector and you have the perfect storm for Peyto. I'm not sure how high it will go but I don't expect it to last.