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 > Holdings long, cash, what to do

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Comment by houbahopon Nov 13, 2021 6:08am

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Post# 34122684

RE:Holdings long, cash, what to do

How about spreading your risk a little by buying in the renewable energy sector?
I started building some positions in the copper production a year ago. Doing good and bought more lately.
My diversification (at today's MTM prices)

45% Oil & Gas: PEY, TOU, OVV, ESN, GXE
20% Renewables & Copper: HBM, CMMC, TKO, RNW
25% All other sectors: BB, K, XIU, HMMJ, BNS, DOL,TA.Pr.h, etc...
10% Cash

These % are mtm not cost based!!
I would not add anymore in the Oil & Gas even if I think there is more upside.
Part of risk management.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?