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).

TSX:PEY - Post by User

Peyto Exploration & Development Corp > No change in closing price from yesterday!

<< Previous

Bullboard Posts

Next >>

Comment by stockmarket1on Sep 08, 2023 10:01am

164 Views

Post# 35625928

RE:No change in closing price from yesterday!

Yes, yesterday was extraordinary for sure. Today, I thought we'd be above $13. Of well, more reasons to accumulate under $13. I'm sure we'll get above that threshold soon enough. Dividend next week will be reinvested here. Cheers

<< Previous

Bullboard Posts

Next >>

5 steps to mastering risk management in the stock market