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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 robert41on Nov 10, 2021 1:50am
174 Views
Post# 34108245

RE:Breakeven for Q1/22 needs $3.23/mcfe

RE:Breakeven for Q1/22 needs $3.23/mcfe
Thx Y22 your posts are excellent. Have you taken into account the hedges in your numbers? I'm a more recent investor in pey $9 dollars! Another advantage pay has is the low float given the production it takest the pressure off of having to buy back shares. If pey can be more aggressive with their hedges and it looks like they are on the right track in 2022 theres a lot of run way here and a great divi. As a previous poster mentioned debt repayment can come a little latter treat the shareholders right and they will return. Work on the debt repayment in the second half of 2022 and 2023 then up the divi again in the 2Nd half of 2023. Maybe double It in 2023

 
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