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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

Peyto Exploration & Development Corp > Not sure I like the look of this bit…
View:
Post by topdop on Mar 08, 2024 8:09am

Not sure I like the look of this bit…

           

 

     
Net Debt:
2023: 1,362,777
2022: 888,37
Change: 54% 
Comment by Singoa58 on Mar 08, 2024 9:35am
 Peanuts 
Comment by topdop on Mar 08, 2024 10:32am
Blame Repsol. Old PR stated: “The (Repsol) acquisition will be financed through an upsizing of the company's existing revolving credit facility, a new two-year amortizing term loan and net proceeds from a $125-million equity offering. “Transaction financing: In connection with the acquisition, Peyto has entered into a debt commitment letter with the Bank of Montreal, Canadian Imperial Bank ...more