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.

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Pieridae Energy Ltd > AECO

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Comment by Maxmoeon Aug 10, 2022 8:10am

194 Views

Post# 34883973

RE:RE:RE:RE:AECO

So, stock is trading at less than 2X trailing annualized earnings. That's dazzling! NO, I repeat NO mention of east coast ! That's razzling! Paid down debt, peeled off some spare assets for some walking around money and some actual drilling coming in H2. All good. This stock should be at least $2. IMHO.

Maxmoe wrote: Now razzle dazzle me with some boe/d, throw in some liquids, and I'll be damned if anyone can figure out what $3 aeco means against a hedge book that's more like $2.80. Let's see the cash flow today, that's a tougher number to dance around.

Maxmoe wrote: Maybe pea was "forced" to lock in at $5 at aeco? I see it's back over 4 again. WTF is a gigajoule anyway and how do I compare that to $8 mcf ?

Maxmoe wrote: Stupid algos May bet a big jolt today when results and update come out

ppp wrote: AECO at 3, pay attention. Stupid algos trade this on the price of oil.