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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 Nov 06, 2023 1:04pm
144 Views
Post# 35719705

RE:RE:RE:What a great monthly report

RE:RE:RE:What a great monthly reportYes. Eric N was previously showing bullishness for Nat gas in 2025. Today on market call Teal Linde was pretty much saying the same. 

If you're on board with that, then now is the time to accumulate Peyto shares. I've held shares in Peyto for awhile now but, I've upted my buying since mid  Spring of 2023. I see this trading above $17 in 2024 so.....



Westcoastenergy wrote: Canada LNG will be a game changer for natural gas producers in the west.  No longer will it be local pricing.  the global LNG market is absolutely massive and will grow for years to come, if not decades.  Canadian gas, in 2025 when LNG Canada comes on stream, will no longer be local.


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