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 > Dividends vs reducing debt

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Comment by houbahopon Dec 10, 2021 7:11pm

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Post# 34220731

RE:RE:Dividends vs reducing debt

Thoughts are thoughts.
Where's the meat?

So you think Gee said Peyto would reduce debt from $1.1B to $650M while disbursing $100M and $375M in capex during 2022?

It would be worth your time to re listen to the CC. If you are right, it would mean Peyto's EBITDA would be over $900M in 2022.

Am I missing something?

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