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

Comment by TerribleEngon Feb 06, 2022 11:20pm
145 Views
Post# 34403382

RE:This one

RE:This one

I have a hard time reading you. You seem to change your outlook for both NG and the company daily. You wrote this literally 3 days ago. And the other quote 2 days before that.

Now you are saying you expect no movement in the stock for the next sixth months when the futures curve is starting to reprice next year and the company is about the announce it's best result in company history and re-rate reserves values in the next few weeks?

You seem bullish based on the fact you bought options for Dec and are foregoing $0.60 in dividends to afford more exposure, but this doesn't seem to jive with this range bound expectation.


This one should quote above dollar 25, ng prices strip for 2022 and forward looks to explode upwards to unimaginable prices in just a month or so.



I may be wrong , but It looks Nymex ng prices crossing dollar 10-15 for February - March  22, and peyto if it gets market participants attention near double from here in next few months itself 

 

<< Previous
Bullboard Posts
Next >>