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Perpetual Energy Inc T.PMT

Alternate Symbol(s):  PMGYF

Perpetual Energy Inc. is a Canada-based oil and natural gas exploration, production and marketing company. The Company owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, and undeveloped bitumen leases in Northern Alberta. The Company also has a portfolio of oil sands leases which have bitumen resource potential.


TSX:PMT - Post by User

Bullboard Posts
Post by shambano1on Nov 23, 2016 8:57am
59 Views
Post# 25500859

Cold winter buy natgas

Cold winter buy natgasIt's going to be a cold winter and that means higher ng prices. For pmt that means positive cf and better economics on asset sales to lower debt. It also means more value from you shares, so this should mean a higher price for pmt shares. My 3.00 per share prediction didn't materialize this year but if you had purchased pmt when I made that prediction you would still have doubled your money. My prediction for pmt shares price for 2017 is 3.25 to 3.75 depending on how high ng prices go. If they don't get privatized before the shares have a chance to rise due to higher ng prices during winter.
Bullboard Posts