Phone Call from Jean-Paul LachanceI said that I only got the CEO's voicemail yesterday, when I called. At 7 PM eastern daylight time today, I received a telephone call from the CEO of Peyto. We had a 11 minute, very interesting discussion.
I was glad, he did not try to evade any of my penetrating questions at all.
He said there is no plans to cut the dividends, and the hedging program is a successful one, some of the returns are plus 75%, the lows are around 50%. I am planning on perusing the reports from the year 2007, to 2022, before pulling the trigger - just in case.
I did not get in the institutional ownership of Peyto or any M&A programs on the horizon since that would be a confidental matter, and he probobly would not answer it anyway.