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... see more

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Peyto Exploration & Development Corp > Super impressed with…..

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Post by darter2 on Jan 23, 2024 4:28pm

Super impressed with…..

.....the resilience of the share price with the recent drop in Gas prices. Maybe people are actually realizing that Peyto shareholders don't have to worry about it since we are hedged until well into 2025! That fact is huge and stabilizing! The December share price low may well be the bottom for the next while IMO. Buy the dip for a dividend well over 10%? Something to think about for sure. Good luck!

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