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 > Recession

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Comment by stockmarket1on Dec 20, 2022 9:55am

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Post# 35181890

RE:Recession

And yet again today PEYTO share price is in the red! We're on a 1 month decline now. Ever since Ross Healy recommended this on BNN....its been heading down. I think this has been way over sold!
Who the heck is selling, or would want to sell, knowing a monthly dividend is coming and it's been raised!!?? I don't get it!

marketsense wrote: Somehow the market is getting confused. A recession seems to worry people more
than freezing to death. Tell that to old man winter. I've had my gas furnace on for
the last few months and its not getting any warmer outside. You can only put
winter on ignore for so long. NG trading like its summertime out there . Yes we
know Freeport LNG is still out of commission with start dates keep being pushed
out weekly. Somewhat of a convienient coincidence for the Biden agenda lol.