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 > on the contrary

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Comment by ghostzapperon Nov 27, 2020 11:10am

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Post# 31988936

RE:RE:RE:RE:on the contrary

And when you get that assignment done, and me just taking a wild stab in the dark, PEY's graph will most likely be the worst of the lot. If PEY's management team is so brilliant, should their 5-year graph look like it does?

I owned PEY in the past and probably will never again as I don't view the managers as competent and the board as good stewards of shareholder money. Whereas some of the other companies I mention as being investable in may meet that criteria.

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