Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

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

Peyto Exploration & Development Corp > $15.2 to $ 11.89

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Comment by houbahopon Dec 08, 2023 6:27pm

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Post# 35775783

RE:$15.2 to $ 11.89

Peyto should have the best quarters in its 25 year history in 23Q4 and 24Q1.
Around $240m in operating cash flow and $110m in net free cash flow for each of the next two quarters. Unless oil/liquids fall below $60usd/boe.

But these results will be published starting in... March 2024!

For the time being, lets collect these indecent dividends and
be prepare if PEY trades under $10.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle