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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 fullyautomaticon Jun 12, 2023 7:56pm
163 Views
Post# 35492608

RE:RE:No Dividend Cut in 2023

RE:RE:No Dividend Cut in 2023Looks like there a few scaredy cats out there. Not me. I rarely look at the share price. Don't need puts to hold and watch the div come in. Can't take a loss of you don't sell. It's an unpopular view but i think NG markets balance towards this winter and stabilize 4-5 bucks. In fact a slipping share price probably keeps me on board longer perhaps than the 5-8yrs I had planned. Considering moving in heavier if low 10s arrive this month. 

I own stocks that you need to watch trading into murderholes. This isn't one of them. 

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