Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

Peyto Exploration & Development Corp. 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 Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).

TSX:PEY - Post by User

Peyto Exploration & Development Corp

Bullboard Posts

Post by TOMMY1on Mar 04, 2017 2:03pm

382 Views

Post# 25932047

Latest analyst ratings post Q4 financials

Curious why none of the anlaysts are picking up on this cash shortfall? Surely they would pick up on something so glaringly obvious as some posters on this board have highlighted. We may see a dividend cut which I think most shareholders would be fine with. Would prefer that to stock dilution.

Source	Rating Change	Current	Issue Date
TD Securities ^¹		BUY	03 Mar 2017
Raymond James ^¹		OUTPERFORM	02 Mar 2017
Scotia Capital ^¹		OUTPERFORM	02 Mar 2017
Morningstar Equity Research ^²			02 Mar 2017

Source	Target Change	Current	Issue Date
TD Securities^¹		$42.00C	03 Mar 2017
Raymond James^¹		$41.00C	02 Mar 2017
Scotia Capital^¹		$45.00C	02 Mar 2017