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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

Comment by noname99on Nov 03, 2022 5:54am
229 Views
Post# 35068870

RE:Tax losses. Another reason for PEA Takeover

RE:Tax losses. Another reason for PEA Takeoveras you said:

https://seekingalpha.com/article/4552375-pieridae-energy-stock-call-option-natural-gas-price

Pieridae Energy: Call Option On The Natural Gas Price

Nov. 03, 2022 12:29 AM ETPieridae Energy Limited (PEA:CA)PTOAF2 Comments

Summary

  • AECO natural gas prices should move higher due to closing arbitrage between several gas markets.
  • TC Energy's pipeline infrastructure projects will benefit AECO natural gas pricing from mid next year.
  • Pieridae Energy benefits from financial leverage and undervaluation.
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