Peyto Exploration & Development Corp T.PEY

Market

[shenty46]

Market is treating it like Birchcliff or other ordinary oil and gas stock, in fact it's better than ARC, looking for monthly report which would be nice to read on, we may have it on Monday I think

[Quintessential1]

The market is treating PEY like a gas stock the same as BIR is however PEY's management did not roll the dice on hedges like BIR's did which is why it is way outperforming BIR at the moment.  We'll have to go through a period of high NG pricing to see if BIR's gamble will pay off and we may get that chance this winter.  It is my guess that even with high NG pricing and

[Quintessential1]

Just to expand on your statement that, "in fact it's better than ARC" and my own idea that it "might make sense to cash in on ARX  and move it over to PEY"  might ARX themselves use their own high flying share price torque to leverage a takeover of PEY and bring PEY's valuation up to ARX's level?  ARX just signed another LNG supply contract for 2029.