Peyto Exploration & Development Corp T.PEY

@ the Bell: TSX starts May flat

[Jonathon Brown]

Utilities led the gainers on the TSX while energy led the drop on falling oil prices, followed by the mining sector. read article.

[Singoa58]

Share the wealth 

[malx1]

Too much debt. As free cash flows grow, PEY is best to allocate the surplus to debt reduction. Dividend was already overextended after they took it above $0.06/mo. If team has respect for the

[auagntungsten]

When the Cascade Powerplant goes on stream as a basic supply to meet Alberta's power demand and at a price higher than the Henry Hub. The savings from transporting or number fixing by America

[malx1]

"have to raise divi" ???? Dividends are discretionary. BoD can reduce dividend as well. Anyone talking dividend hikes at this juncture shows their lack of basic understanding.

[Singoa58]

A lot of ifs      Glut of natty gas expected to last a decade 

[stockmarket1]

Yes but I would like to see the debt be reduced more than anything else. FCF is a big thing people talk about when it comes to O& G companies but...debt reduction gives the balance sheet much more

[houbahop]

Since 1994, productivity in extracting gas has improved tenfold.

[ckwong]

I checked the record, in 1994, NG is about U$4. Now is U$2. No inflation? Of course not. If you count 3% inflation, the current NG price would be about U$4. Assume PEY does not change the production

[Singoa58]

Is it true?

[finedace]

In the May 14 Q1 report I would like to see EPS well over $0.50 per share. In 2020, the only year Peyto ever reported an annual loss, Q1 was -0.41 per share. In 2021, 0.23. In 2022, 0.56. Last year,

[Nakate]

nice pop if this keeps up they will have to raise the divi

[malx1]

Is that despite all the whining and complaints about hedging? Interesting.

[houbahop]

Up $0.48 despite being an $0.11 ex-dividend day! The 24'Q1 report will be released soon (May 14th). I would not be surprised to see FCF above $105k and debt reimbursement above $70k. Mrmomo, any

[NGinGWN]

That $4 price prediction for 2025 is certainly consistent with current AECO futures pricing AECO gas prices

[Singoa58]

Stagnant too long...  time to grow it  8% is too low