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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 Quintessential1on Dec 04, 2023 4:34pm
101 Views
Post# 35767813

RE:Shorting Natural Gas....

RE:Shorting Natural Gas....There are inverse natura; gas ETFs like HND.TO.   

You would have to pick your buying and selling windows and if you do not get them right there is no dividend to compensate you while you wait. 

I keep seeing reports of 2 weeks of warm before winter hits.  It already hit Europe.  

GLTA  


stockmarket1 wrote: Does anyone consider shorting natural gas? North America weather is to become pretty warm. That's the forecast as of now. 


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