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).

TSX:PEY - Post by User

Peyto Exploration & Development Corp > Never seen such nice classic rounding bottom.

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Comment by houbahopon Mar 03, 2022 7:52am

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Post# 34478175

RE:RE:RE:RE:Never seen such nice classic rounding bottom.

Oops! I should go back to school.
According to the definition of Free Cash Flow:

" can be easily derived from the statement of cash flows by taking operating cash flow and deducting capital expenditures.

My apologies, TE for my misunderstanding.
My FCF would turn out to be $260m+ for 2022 instead of your call that would be 650m+ if their production was not hedged.

Do I read what you are saying between the lines, Peyto's hedges will be costing over $350m in 2022?

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