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.

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Peyto Exploration & Development Corp > With heavy

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Comment by MagicPinstripeson Feb 06, 2022 9:17pm

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Post# 34403205

RE:RE:RE:RE:RE:RE: With heavy

Yasch,

The current dividend is certainly is a difficult thing to give up - especially if you bought in back in March 2020.

That's about a 50% yield. Can't think of too many investments that'll return that kind of cash on an annual basis.

Even at 5%, you're still coming away with far more than anything a 'traditional' bank would be able to offer you.

Shenty, maybe you should've held on just a little longer and bought your house outright!

GLTA