RE:nothing has changed So no to the TOU buyout conspiracy theory? What are your thoughts on the climate change hoax?
JK IDC
Considering the number of O&G names that no longer exist post downturn I thought Peyto did ok.
Even managed to gain about 300% or so in shareprice after reinstating their dividend to full value.
GLTA
uncutgems wrote: i just noticed that peyto Finally got back to 100k boe/d of production. it took them 5 years. Still plodding along at 12% liquids. it amazes me how this management team, that did next to nothing to improve its position as a corporation during the long painful downturn, contines to earn plaudits from retail punters. Still OVER $1b of long term debt.
and NO tourmaline is not going to buy PEYTO. the reason is that peyto management AINT gettin off the gravy train anytime soon. Tourmaline doesn't need a bunch of DEBT either.
cheers!