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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 EquityInveston May 29, 2018 9:19pm
120 Views
Post# 28096699

EX Dividend

EX DividendI was surprised that T.KML closed down almost .50 cents today considering that they are assured of $4.5 B,  Peyto went up on the pipeline news as well but tomorrow the shares will trade ex-dividend so we might see a bit of a down day.  

There are some encouraging news on LNG projects lately so I think Peyto is a great buy right now.

https://www.alaskahighwaynews.ca/business/b-c-lng-industry-optimism-returns-1.23310212

GLTA!
Bullboard Posts
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