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 > Technicals

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Comment by TerribleEngon Jan 30, 2023 9:02pm

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Post# 35255366

RE:RE:RE:RE:Technicals

					Historical Comparisons
Stocks billion cubic feet (Bcf)					Year ago (01/20/22)			5-year average (2018-22)
Region	01/20/23	01/13/23	net change	implied flow		Bcf	% change		Bcf	% change
East	622	662	-40	-40		618	0.6		609	2.1
Midwest	749	785	-36	-36		711	5.3		716	4.6
Mountain	140	147	-7	-7		144	-2.8		145	-3.4
Pacific	150	157	-7	-7		201	-25.4		221	-32.1
South Central	1,067	1,069	-2	-2		950	12.3		909	17.4
Salt	310	307	3	3		283	9.5		266	16.5
Nonsalt	757	762	-5	-5		666	13.7		642	17.9
Total	2,729	2,820	-91	-91		2,622	4.1		2,601	4.9
Totals may not equal sum of components because of independent rounding.

South Central Gas inventory matters. Record productions is flowing in, its starting the year close to 20% above normal and there is limited room to pull out. Freeport goes back on, and it helps but it would normally be injection season anyways. Most traders are seeing or at least partially pricing in a tank top event. Again this likely won't impact cash markets as spreads will blow out in other areas but NYMEX will probably cave in on itself.

					Historical Comparisons
Stocks billion cubic feet (Bcf)					Year ago (01/20/22)			5-year average (2018-22)
Region	01/20/23	01/13/23	net change	implied flow		Bcf	% change		Bcf	% change
East	622	662	-40	-40		618	0.6		609	2.1
Midwest	749	785	-36	-36		711	5.3		716	4.6
Mountain	140	147	-7	-7		144	-2.8		145	-3.4
Pacific	150	157	-7	-7		201	-25.4		221	-32.1
South Central	1,067	1,069	-2	-2		950	12.3		909	17.4
Salt	310	307	3	3		283	9.5		266	16.5
Nonsalt	757	762	-5	-5		666	13.7		642	17.9
Total	2,729	2,820	-91	-91		2,622	4.1		2,601	4.9
Totals may not equal sum of components because of independent rounding.