RE:RE:RE:RE:RE:TOU might take over PEY I just don't understand why Peyto investors sweat so much over the company. It is a very well managed operation. In fact, the company is so open in its communication with investors that the quarterly statements contain no surprises and the conference calls are boring, (which is a good thing).
Personally I like the hedging program since it smooths out the inherent volatility in natural gas prices and assures a nice dividend while patiently waiting for future share price appreciation.
On Friday May 12, we saw a vote of confidence by the aquisition of shares in the open market by two VPs. Insiders buy shares only if they think the price is going up.