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).

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Peyto Exploration & Development Corp > Motley fool at it again

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Comment by GoldStandard41on Feb 07, 2021 11:00pm

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Post# 32498001

RE:RE:RE:Motley fool at it again

The one I'm referring to is Daniel Da Costa he basically sold out near the bottom March 28, 2020 to buy Suncor then reiterated on April that Peyto was not a buy. Then a long silence period and he's back a few weeks ago saying he's all in today after basically having missed 300%. I wonder how his Suncor did. These analysts are a joke, they move with the tides and provide no future insight.