Long term debt; royalties
Between Q4 2020 and Q1 2021 Peyto reduced LTD by $20 million.
I suppose debt maturity scheds can interfere with payments, and comparisons, but I hope it's a lot more of a decrement Q4 2021 to this quarter, especially in lieu of no share buyback these last 2 years. Find out May 12.
Perhaps May's President Report could address how Peyto is anticipating the hedging versus royalty problem this board has highlighted. It would increase the signal:noise in that report to read about a strategy to mitigate (I do appreciate the info in the monthly notes but usually not the weird musings/hot air)
I'm holding, no personal arbitratge or leverage attempts with derivatives, margin, trades. Real interesting to read the ideas here though.