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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Post by bobus99on Oct 20, 2019 12:20am
101 Views
Post# 30248288

corrupted manipulation

corrupted manipulationpeyto never dilluted never posted a lost and never stopped to give a dividend for years and years and the stock is now trading half the price of theire pipeline/infrastucture prices. they could cover entire stock value just by selling a small part of theire infrastructure . but they still have 10x value on top of proven barrel and producing barrel of energy and they are the lowest cost producer in canada ( i think) and the stock float is not that big only 150 million share appx. i never ever expected they would trade under 3$ when it hit 3$ and under i went long. you have weed stock that have lost and even no liscence and 0 revenue that are trading above peyto market cap this is nonsense manipulation 
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