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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

Comment by moric122on Mar 03, 2020 8:45pm
95 Views
Post# 30763430

RE:RE:president's message out tonight

RE:RE:president's message out tonight
moric122 wrote:
With that said this post did make me think to look at PEY's ETF holders so ill do a bit of digging there and add to the discussion if it warrants. 


Yup just did a light look at the ETF holding position for PEY using etfdb.com. Not sure the quality of the source but I did want to get a look at the ETF holders of PEY. This is what it looks like: 


https://imgur.com/a/Ch0AwOZ

Basically ETFs hold very little PEY. I guess the ESG angle is to try and convince more ETF's to hold PEY? The interesting thing for me is that the bulk of the ETF holding PEY are Foreign Small & Mid Cap Equities, is there as strict as ESG requirement for those type of ETF fund? 

The other large instituational holdings would have to be mutual fund / pension fund holdings. Not sure the best way to look that up... If I think of something I will get back to the group.

Cheers.

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