Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by topdopon Nov 03, 2021 10:42am
196 Views
Post# 34081952

I don't want to hear anything about...

I don't want to hear anything about...
... increasing Production on the 9th outside of replacing depletion and perhaps gains that may come from optimizations and (more) efficient running of operations. Let's not forget PEY's history of very efficient use of Capital and in Producing energy units. In yet another example, today Cenovus announced it is to double its quarterly dividend to 3.5 cents per share as of Q4, and said its BoD also approved a plan to repurchase up to 10 per cent of its common shares. IMO, these mark sensible moves and offer further indication that Canadian energy producers are addressing (finally) the requirements of their long-standing, patient, beaten down Shareholders. These are my views only. Thanks for reading.
<< Previous
Bullboard Posts
Next >>