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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Comment by bttmfischeron Dec 01, 2023 4:25pm
114 Views
Post# 35764368

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividends Never Make up the Losses

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividends Never Make up the LossesEIJ Thank you for your well composed comment, and saying "ask a silly question and get a silly answer" or it is ignored.
As far as charts go if  they are used used properly they can also serve to help in where you are going.
Example: aviation whether charts and tide charts, however in every case they use past recorded data
to make predictions. They are and never claimed to be 100 percent accurate, The answers should be falling within the 95 percent confidence band. 
About computer models. Having been involved in authoring and reviewing models in my previous life, I learned the hard way the meaning of the GIGO principle meaning garbage IN to the model, and
you get garbage OUT. Wall street brokerages found it out in 2007.  

Thanks anyway.
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