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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 perplexed01on Jan 31, 2023 11:27pm
264 Views
Post# 35258610

RE:RE:RE:RE:RE:RE:Crashed

RE:RE:RE:RE:RE:RE:Crashed hope you are correct, Yasch.   i am sure many people bought truckloads of shares below $3 as i did (following your posts - i know  - dont keep thanking you lol).  quick math says effective ~50% divy in my case and others probably much higher yet!  reminds me of 2009 after the crash many stocks had 2 digit divy's.

considering the ominous "macros" you mentioned and that pey SP could easily drop below $10 this summer or sooner - it may be prudent to take some profit soon hoping for a better re-entry point?  forgoing the high safe divy makes the cost of preserving capital expensive so am considering selling  not over 15-20% 

meanwhile i will hope for higher gas bills back home whilst spending my pey divy here in thailand.

btw many cars (especially taxis) and trucks use ng here to save fuel costs.  i wonder why we dont in north america?  safety concerns?
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