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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 stockmarket1on Aug 24, 2023 4:03pm
203 Views
Post# 35604290

RE:RE:Turnaround

RE:RE:TurnaroundOh, one thing I forgot mention on my buying today at 3 different lower levels. Soon and Eric spoke good about Peyto. I threw a dart thinking it would decline. And sure enough....here we are lol. It's declining. That's the trick in most cases. As soon as they boost targets, recommend them or speak positively.....wait for the decline which will be a sure thing. Like were seeing today.

The othe example was when Ross Healy chose Peyto as a top pick a few months ago. I believe PEY was trading in the $13 range when he chose it. Check BNN past peyto clips and you'll see it. Anyway, it declined as well. That;s the trick when looking for price points. For me anyway. 

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