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).

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Peyto Exploration & Development Corp > Predictions for Thoughts on Next Dividend Increase

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Post by nhellofaguyon Jul 04, 2022 10:46pm

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Post# 34800804

Predictions for Thoughts on Next Dividend Increase

I would be interested in hearing about peoples estimates/thoughts on Peyto's next dividend increase. It currently pays a healthy $ 0.05 per month. My personal estimates are that Peyto will increase in November 2022 or at least announce an increase and it will go to $ 0.07 per month on the conservative side to $ 0.10 per month on the way over-optimistic side. Conservative - rational -pay down debt more or earnings not as high as had hoped for.

Would love to hear your thoughts of when and how much and why for the dividend.

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