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 > Dividend Debate Dumbed Down

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Comment by Nakateon Feb 02, 2023 11:15pm

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Post# 35263968

RE:Dividend Debate Dumbed Down

Well if the CEO is to be believed they got it covered and while Ceo's have been known to fudge the facts to support whatever game there really playing, I'm willing to go with what he has said is doable rather than listen to the short term rantings of the market shorters, not that they are to be ignored but rather used to make your investment more productive over the long term. buy low sell high

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