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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:PEY)

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Comment by auagntungstenon Jun 25, 2024 8:04pm

RE:RE:Bounceback

Looks like the Cascade plant is running, this will add a fresh cash flow. In my opinion this is a backstop or starting blocks. Great Luck Going Forward
Comment by stockmarket1on Jun 24, 2024 11:39pm

RE:Bounceback

Nice read and thanks for posting this. Let's hope we get well above $15 again. And permanently this time!!
Post by Westcoastenergyon Jun 24, 2024 11:44am

Bounceback

In today's Globe and Mail: The strategy team at Scotiabank uncovered a change in investor tax harvesting, “The June 25 deadline for the implementation of the new capital gains tax in Canada ...more  
Comment by auagntungstenon Jun 21, 2024 7:47pm

RE:RE:Good Luck to All Longs

I hold EIT.UN, a fund, Canoe,  been getting 10% for 15 years.  
Comment by stockmarket1on Jun 21, 2024 12:50pm

RE:Recent trend....

We might see Peyto drift below $14.Lower lows and lower highs. A 10% yeild again,maybe which would bring it close to $13.20 ish?
Post by stockmarket1on Jun 20, 2024 12:28pm

Recent trend....

O&G sector and Peyto showing weakness lately. I'm going to slowly begin buying Peyto. 
Post by Jonathon Brownon Jun 20, 2024 8:30am

Buzz on the Bullboards: From innovating traffic enforcement to cancer breakthroughs

Comment by houbahopon Jun 19, 2024 11:33am

RE:RE:RE:RE:RE:Good Luck to All Longs

I know to well Peyto's story since I am a shareholder since 2007. And yes, they took horrible decisions in 2017 and 2018: - Bad basis deals, - AECO exposure - Too aggressive capex program ...more  
Comment by DeanEdmontonon Jun 19, 2024 11:07am

RE:RE:RE:RE:RE:Good Luck to All Longs

Forgot, in addition to 2018 and 2019 cuts, Peyto also cut the divy in half in 2020.
Comment by DeanEdmontonon Jun 19, 2024 11:01am

RE:RE:RE:RE:Good Luck to All Longs

Houd - BCE dividend track record versus Peyto, big cut in 2018 and another big cut in 2019. BCE has never cut its dividend, it might in the future, but so far it hasn't. It also has a lot of ...more  
Comment by houbahopon Jun 19, 2024 10:33am

RE:RE:RE:Good Luck to All Longs

I would not touch BCE. They are financing a large portion of their dividends by increasing their debt. With their $30B debt, I am not sure I can call their dividend sustainable.
Comment by stockmarket1on Jun 19, 2024 9:01am

RE:RE:RE:Good Luck to All Longs

Out of the ones you mentioned. TD and FRU have really caught my interest for a while now. BCE, although an attractive divy yield. I'm just not sure how much growth the Telcos have here in Canada ...more  
Comment by DeanEdmontonon Jun 19, 2024 2:39am

RE:RE:Good Luck to All Longs

houbahop - Actually, there are quite a few options. FRU, BCE, Telus, TD and TRP to name just a few. All pay very good, sustainable dividends, and all of them seem to have quite a bit more depressed ...more  
Comment by houbahopon Jun 18, 2024 6:26pm

RE:Good Luck to All Longs

Nice ride Dean. But where can you find a relatively safe 9% dividend with the cash from your sale? I expect PEY to trade in the $13-$16 range for the rest of the year. The high dividend and debt ...more  
Comment by DeanEdmontonon Jun 18, 2024 4:29pm

RE:RE:RE:Good Luck to All Longs

West and Stock - kind of odd commentary. What I posted has nothing to do with the recent drop, Peyto is up and down by $3 and $4 bucks in relatively short time frames, all the time. If I was prescient ...more  
Comment by stockmarket1on Jun 18, 2024 4:14pm

RE:RE:Good Luck to All Longs

He'll probably come back and say.... " oh, I don't sign into stockhouse a lot " lol. 
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