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 > Link to BNN with DG, today

<< Previous

Bullboard Posts

Next >>

Comment by houbahopon Mar 16, 2022 10:23am

175 Views

Post# 34518112

RE:RE:RE:Link to BNN with DG, today

Txs for the briefing, sportster.

I anticipate an all-time record in Cash Flow before capex in current 22'Q1, around $190m vs 14'Q4 of $168m. Back then, shares were hovering in the mid-30s and EV was a little over $6B with $925m in debt.

By 22'Q3, it is safe to assume debt will be back at that level and using current share price of $10, it would make the EV at $2.6B by the end of 22'Q3.

As a reminder, production decline was at 38% in 2014 vs 28% this year.

Like DG mentionned, Peyto has never been in a sweet spot like this.
It is a matter of time before markets recognize this, imo.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario