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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.


TSX:PEY - Post by User

Peyto Exploration & Development Corp > I sold 18650
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Comment by NGinsideron Aug 14, 2021 6:38pm
168 Views
Post# 33706659

RE:I sold 18650

RE:I sold 18650You sold PEY to buy ARX? They only lost $200 million before tax on a $514 million hedging loss. PEY loses $22m on hedges and still books a $17 million profit before tax. What do you see that is so great about ARX? ARX has further to go on the hedging losses too.
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