RE:RE:TOU vs PEYI've updated my spreadsheet for PEY and TOU.
In both cases, the share price has become cheaper on future earnings and Free Cash Flows. :)
In Peyto's case, pay back for this investment would be around 4 years.
Production per share would go from 560 boe/d per 1m shares to 635 boe/d / 1m.
But more importantly, this purchase increases present liquid production by 50%.
Share price should retest the highs of June 22' ($17) in the short term, imo.
On the other hand, energy prices in Alberta have fallen in record low territory. Don't expect Peyto to receive half the $10/Gj announced during the summer.