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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Comment by Quintessential1on Jun 28, 2022 6:21am
120 Views
Post# 34786548

RE:Something to think about

RE:Something to think aboutYou can do both.  If Peyto helps you buy your gasoline think of how much electricity it will buy you. 

Personnally EVs are not quite there yet for me.  I did not enjoy my Tesla drive the car is just too small and I have never liked anything that stresses proprietary usage.  Not apple, not Sony and certainly not a purchase as large as a car.

The other other EVs are getting there but they are too new.  Buying the first year of a model release has never been wise.  I would rather somone else ferret out the bugs. 

An EV is in my future.  Like most vehicle purchases I have made, I would like to like the EV first. 

When I do I am sure that Peyto will help pay the bills.

GLTA Longs 



Oldnagger wrote: Investing in an EV could be a bad decision for readers of this BB
Why ? Even though you may be saving big time  on fuel costs , you could also be losing even bigger time on opportunity costs. I e . by investing the initial cost savings in Peyto shares.
I won't do the math for you. But it is certainly something to think about !!


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