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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 Oct 02, 2023 6:49pm
73 Views
Post# 35665924

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like That's interesting. I was on twitter and I see no mention of anything about negative production. Got the link?


PabloLafortune wrote: I give my thesis/narrative 2 months. Heard /Tourmaline posted on twitter today in his personal capacity that production is approaching negative YoY because a lot of natgas plays are underwater on a full cycle basis (data courtesy of JP) at these prices.


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