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 > After waiting for over a year

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Comment by uncutgemson Feb 05, 2023 1:41pm

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Post# 35267741

RE:RE:RE:RE:RE:RE:RE:RE:After waiting for over a year

Yasch22 wrote: Just one more thought, which is that outsized dividends from Peyto could be used to diversify away from Peyto. In natural gas, the first place I'd go to for 2023 would be Tourmaline. They're using the payout strategy TerribleEng and a couple others have favoured, which is to keep the basic monthly divvy low and to offer a larger special payout every quarter depending on results.

TOU has paid between $1.25 and $2.25 (or near to that) in special dividends for the past 5 quarters. Expectations are for $2/q for the rest of 2023. Effective yield at a $60 sp is around 15%.

lol now I've seen everything. the final "holdout" recognizing true greatness. took him forever though.

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