RE:Peyto's dividend sustainabilityAgree. Right now PEY seems to be walking the right side of a pretty thin line and while I welcome the view of any naysayers indicating that divvies may be unsustainable in the future, I also find it prudent to understand:
1) what is relevant and tangible for today - hedges, along with keen management of financials and capex will keep the div in place for the next 18 months
2) forecasting future value and sustainability based on spots in the future are useful, but not definitive as much changes over the course of time - the further out the forecast, the higher the probility of variance.
I couldn't help myself but to pick up a couple thousand more yesterday near the lows to play the 'now'. The future? it will reveal itself better in time.
GLTA.