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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 sportstermathewon Feb 11, 2021 9:31pm
151 Views
Post# 32548754

RE:Am I right

RE:Am I right A perfect discussion, perfect phone call...

Nope, prices are only for a blip on the screen, whoops missed it.

Now if you said $6 for the next 12 to 24 months with no changes in costs etc. then that would be something.

Peyto has been waiting for the higher prices in the winter period but you can't sell all your apples on the wagon all at once unfortunately.

Anyone know when the next report on earnings is coming out?  4th quarter?  I assume a little later than a normal quarter.

Even though the numbers may be weak or may be better than expected everyone will be focussed on the 1st quarter and 2nd quarter and so on.

I am just happy Peyto is in the $5+ range and hopefully moving higher over time.  The pontoons in the raft are only 10% pumped up with slight movement of signs growing.  We still have a long way to go.

Go back and read a few of the monthly president's Reports, and listen to the conference call from Nov, better, read it in print, you don't miss as much.

I wish there was a video by Gee or others discussing the various slides in the presentation to put things in context.


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