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 > PEY vs BIR

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Comment by Seppelton Dec 01, 2020 3:41pm

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Post# 32011580

RE:RE:PEY vs BIR

Holders of oil and gas stocks (among others) know where they stand. Too soon to capitulate and chase other opportunities including "crazy promote tech name".

Lets get thru the Covid-19 and see if the battered industry recovers next year or two.

Those betting on the recovery from current unprecedented demand destruction probably own a number of energy stocks so a comparison to Peyto's peers may widen the discussion which is mainly focused on CEO's monthly letters, presentations and reports.
I see few are interested anyway. That's fine.

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