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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.


TSX:PEY - Post by User

Peyto Exploration & Development Corp > Future pricing: Would you hedge? How much?
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Comment by Larix1on Mar 28, 2022 1:40pm
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Post# 34552644

RE:Future pricing: Would you hedge? How much?

RE:Future pricing: Would you hedge? How much?
Under normal circumstances I would advice to hedge to approximately 500000 GJ/d, but this year I would wait a little and first see what happens to lng demand in Europe.

I would also advice not to increase dividends this year. If there is available cash flow it would be better to increase capex.

What would you advise to Darren Gee?
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