RE:RE:RE:RE:June 18: Another revised presentationDividend reduction/elimination will totally destroy Peyto's sp. We will be similar to Pony's in the $2's. This should be the last resort for Peyto in my opinion as the company can stream line administrative expenses to make up for increased capital expenditures within the current market for natural gas. Let's hope that we elect a government that will seriously help the sector reach the Asian markets.
Chris_toronto wrote: Peyto will be losing a lot of money in 2019 spending $360M on capex when they project to sell natgas at an average price of $1.66 and their breakeven is $2.50.
They could reduce the loss some if they eliminate the dividend but, ...that's a no no as I understood from you.