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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 Larix1on Apr 10, 2022 4:18pm
197 Views
Post# 34592146

RE:RE:Margin calls??

RE:RE:Margin calls??
I think the stock will be punished for some time when people really start to think about how much royalty will increase. This has happened quickly, but at the same time prices for 2024 and 2025 have risen approximately 70 cents and for my part I will not only look at the next 18 months but also beyond.
Probably there will be a good oppurtunity to sell and buy back quite a bit cheaper but timing would be hard and personally I will not do this trade. Good luck to those of you who do!
I am considering to sell some shares for other reasons even though future cashflows look great, rebalancing and diversification.
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