Peyto lagging peers I'm a long term investor in Peyto.
Here's a post from the Birchcliff board:
https://www.theglobeandmail.com/business/article-why-tourmaline-is-dazzling-even-though-canadian-energy-is-still-so/
Tourmalines strength is even more impressive over the past five years, with the stock now slightly in the black since mid-2016. Its a paltry return relative to the Nasdaq Composites stellar gains, but Arc is down 58 per cent over the same period, and smaller gas producer Birchcliff Energy Ltd. has lost roughly half its value.
Tourmalines five-year return puts it roughly on par with Canadian Natural Resources Ltd. and Canadian Natural is often treated like Alberta royalty. The energy giants shares are up 2 per cent over the same period.
Peyto has lost 80% of its value over that same timespan. Not sure why Peyto is lagging behind so badly. BIR made an even worse mistake with their basis deals, but they didn't compound the mistake by locking in fixed prices this past winter and summer.