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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 ngtraderngon Dec 16, 2021 8:56am
85 Views
Post# 34236038

RE:RE:RE:Italy's Draghi wants to take energy company profits

RE:RE:RE:Italy's Draghi wants to take energy company profitsI think the chance of the current Liberal government doing something like that is low but it wouldn't be the first time that a Trudeau tries to rob the oil & gas sector: https://en.wikipedia.org/wiki/National_Energy_Program

With rising inflation and cost in everything, politicians are going to be looking at someone to (mis)blame and for new revenue sources. Canada isn't immune to populism.
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