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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 auagntungstenon May 01, 2024 12:52am
123 Views
Post# 36016526

RE:RE:RE:RE:RE:Huge day for Peyto today

RE:RE:RE:RE:RE:Huge day for Peyto todayWhen the Cascade Powerplant goes on stream as a basic supply to meet Alberta's power demand and at a price higher than the Henry Hub. The savings from transporting or number fixing by America, Canadian investers are justified in participating in this windfall. They are paying down debt, buying resource rich properties to increase value and capacity....and the stock value is increasing, the dividend should also go up. Risk = Reward. The politics of Natural gas is failing, Go Canadian Oil Products, it's incresd usage helps Canadians.
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