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).

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Peyto Exploration & Development Corp > latest rating

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Comment by stockmarket1on Jan 04, 2024 7:55pm

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Post# 35811583

RE:RE:RE: latest rating

Exactly and the ones who follow the markets in depth like us know very well how often these analysts are wrong. Almost 9 out 10 times

I'll go on a limb and call it now.....Peyto will finish 2024 under $20. Maybe under $18 actually and barring no take over occur. That would then be a game changer. That won't happen either BTW

CJInvestor wrote: I can't see that happening. My 52 week target is 18 bucks but what do I know. Actually these analysts don't know much either so we are all guessing T this point. Even gurus like EN can't predict the winter or geopolitical influences.

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