Peyto Exploration & Development Corp T.PEY

No change in closing price from yesterday!

[Ganga22]

Closing at $12.76 is great, considering low today of $12.04. Vol 3.33M..

[stockmarket1]

Yes, yesterday was extraordinary for sure. Today, I thought we'd be above $13. Of well, more reasons to accumulate under $13. I'm sure we'll get above that threshold soon enough. Dividend next week will be reinvested here. Cheers

[robert41]

The shareholders that got in the bought deal still selling what they own to pay for the cheap shares. Thats how I see it. That's what my plan was except I missed the boat. 

[PabloLafortune]

I feel this is an opportunity to improve the quality of inventory AND reduce debt but this is not exactly what they have in mind: "Peyto has developed a three-year plan with total capital spending ranging between $450–$500 million per year, which is expected to grow production from the current pro-forma production level of 123,000 boe/d to over 160,000 boe/d by the end of 2026." "