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 > Updated presentation...more hedging.

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Comment by sportstermathewon Apr 14, 2022 10:10am

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Post# 34603499

RE:Updated presentation...more hedging.

So for the traders and bears you are saying the higher the price goes, the less Peyto will make and the stock price should go down.

We shall not only see how the 1st quarter is soon, but, see any new news on drilling, deals, tech efficiencies. I would never bet against PEY.

The only time PEY has done poorly is when the prices drop out of bed and that is not their fault.

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How does sponsorship affect share price?