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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 > Dividend for Feb 15th
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Comment by GregC24on Jan 11, 2024 10:08am
137 Views
Post# 35821249

RE:Dividend for Feb 15th

RE:Dividend for Feb 15th
Ganga22 wrote: Are we optimistic for the announcement of the dividend for Feb 15th to be .11?

Has something changed from your post of 8 days ago?

Comment by Ganga22on Jan 03, 2024 7:07pm
182 Views 
Post# 35809691

RE:Hope is not a strategy.

"The current fixed revenue for 2024 is enough to pay for our contemplated 2024 capital program and our dividend. Couple that with our industry leading cash costs, means Peyto has insulated itself from very low prices, if that is what is in store for 2024."

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