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

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Post by mmodanoon Dec 11, 2017 5:58pm

204 Views

Post# 27133829

Who cares about the shorts and the volatility?

Peyto has a very low cost model and they keep increasing production, year after year, They pay a dividend and never made a payment that was above what was earned.

Tar sands, coal, met coal, gasoline, etc. will be decreasing soon, volume wise.

Nat gas, solar and nuclear energy are the future energy sources,

So again, who cares about the shorts ans the volatility?

You believe in the story or you g tfo and move on.

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