Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

TSX:PEA - Post by User

Pieridae Energy Ltd > 52 Week High

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Comment by pppon Jun 06, 2022 7:07pm

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Post# 34735573

RE:Re: 52 Week High

Not so fast. Pea still has more CF because of more production. Less EV value also. remember as the debt gets paid the Net Backs go up. PEA paid just under 15 mil last quarter for debt service. But PNE is a good company also. IMO depends on Nat gas prices if they stay high PEA if they drop PNE is the better buy.

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