RE:Peyto lagging peers It's all in the price of N Gas. These cos. have gone through a rough spot with increased debt loads to pay down etc.
One could also say if you had bought PEY at the end of 2019 at $2.00 you'd be up 360%.
I always like to do my own reseach, ever notice that CNBC has a story as to why the stock market has gone done, that really has no relevence.
I may be in the minority but do beleive we're going to see a very cold North American winter.
I pay dearly for that advise to a co. that also advises the New York hedge funds.
They advised buying coffee futures in Feb. while predicting a heavy Brazilian frost. They just had two, which kills the flowers for the 2022 crop. Now buy OJ for teh coming hurricane season.
They also advise stocking up on N Gas futures for the coming winter.
It is about 2 moinths early for that.
Primarily because the USD while in a downward corrective mode, it is doing a counter trend move to the upside likely to last into last Sept.
This chart doesn't look like a loser:
https://tinyurl.com/r4untwk6