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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 borne2runon Aug 13, 2021 11:45am
141 Views
Post# 33700813

RE:RE:RE:Conference call

RE:RE:RE:Conference callI see no reason to buy only one Canadian nat gas stock. 

Using current strip pricing, AAV, ARX, BIR, PEY & TOU will all generate fantastic cash flows in 2022. Thus, all of these stocks should do well.

At any point in time, I will usually own positions in at least 3 of the names.
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