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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 Quintessential1on Dec 06, 2023 6:09pm
73 Views
Post# 35771954

RE:RE:RE:RE:RE:RE:RE:RE:Dec 2023 report...

RE:RE:RE:RE:RE:RE:RE:RE:Dec 2023 report...Meh.  just say you bought at $9.71 and  problem solved.

Comment by bttmfischeron Dec 01, 2023 5:51pm
69 Views 
Post# 35764527

RE:RE:RE:RE:RE:RE:RE:RE:Dividends Never Make up the Losses

houbahop you did say that $10 would be the bottom. That was my reply to confirm it.

bttmfischer wrote:houbahop, sounds like a plan of merit  Besids you cannot go too far wrong if you give much weightgs  to the fundamentas. I think I will do what I should have done when I bought only 2k @ 9.71.
If your forecast of $10 will become reality, I will get 8000 more. 
 


bttmfischer wrote: What makes our decision making more difficult is that the 52 week high and low are shown at the close of the TSE/NYSE.  For instance the 52 week low is shown as $10.28 for PEY, while I did buy 2k at $10.71 CAD, as I posted previously. I was lucky, because that price was only good for  a couple of
hours, as I recall. So If  the retail investor wants to catch the low of a stock, he has to be observant,
and quick on the trigger.
The under $10 intra-day may have been experienced more than once in 2023, but I was not interested in PEY until July 2023, so I was unaware of it. I still beleive that at $10, it is a buy.


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