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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

TSX:PEY - Post Discussion

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Post by svsingh83 on Jun 12, 2023 1:49pm

DIVI CUT

Divi cut may be the prudent step tomorrow when they hold investor presentation,.
Stock price will tank but should regain graound later.
Same sit as BIR.
Comment by stockmarket1 on Jun 12, 2023 2:25pm
This investment has been a real disappointment thus far.  A 1 year chart....horrible
Comment by bttmfischer on Jun 13, 2023 4:43pm
Why should the BoD of Peyto cut dividends? The current net profit margin is 25.7 percent; The earnings per share are up y/y by 20.7 percent; The current revenue growth rate is 26 percent. Not only that ,but the principals of the company spent millions of their own money to buy shares, and sold none. What is the reason for you to advocate a dividend cut? Would any sane person think that the ...more  
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