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 > Strange

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Comment by houbahopon Feb 12, 2022 8:13pm

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Post# 34423775

RE:Strange

Shenty,

I took the time to read Vermillion's latest presentation.
Did you forget to mention those yields were before the impact of their hedge book?

How much has Peyto lost with their basis/hedge program in 2021? $150m, $175m?
Anyone care to throw a number?

How much will they lose in 2022? $75m? $125m?

An expected future FCF analysis must take this factor in the equation.

But your last year call of a $400m+ Cash Flow will turn to be correct.
Thanks to an unexpected raise in NatGas prices in the last two quarter of 2021. :)

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