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

Comment by TOMMY1on Mar 04, 2017 3:05pm

192 Views

Post# 25932200

RE:RE:RE:RE:Latest analyst ratings post Q4 financials

Yes - it's the whole sector that is down. I watched my BIR stocks go down too on Friday although Peyto was the hardest hit. Last year I missed the ride up as I had got off the train too soon. Bought back in again recently.

slava77 wrote: The stock is already down from 39 to 26... in case you haven't noticed. It's back at January 2016 levels when the whole energy sector was super depressed. And like I posted earlier - it's not JUST peyto.. look at the the rest of the peers.. same price action this year.

The money has to come back to the whole sector to see a move higher. From a TA point of view - many of these ng stocks had a bad close on Friday.

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