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Bullboard - Stock Discussion Forum
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.
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TSX:PEY - Post Discussion
Peyto Exploration & Development Corp
> Tourmaline
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•••
Ganga22
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Post by
Ganga22
on Jul 26, 2023 6:05pm
Tourmaline
How about at 2 shares of Pey for 1 share of Tou. Everybody wins.
(443)
•••
PabloLafortune
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Comment by
PabloLafortune
on Jul 26, 2023 10:36pm
The EQT Q2 release was an interesting read to say the least. Obviously didn't make money in Q2, realizations were $2ish/Mcf. Cash cost were (USD) $1.37/Mcfe (Peyto is very competitive here). They've hedged 30% of 2024 at a floor of $3.63 (again USD). They drilled a 20,000 ft lateral. Most important news though is they contracted for LNG directly - 1 MTPA which I believe is the
...more
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