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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
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Comment by robert41on Jan 19, 2024 1:34pm
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Post# 35836249

RE:RE:RE:DIVIDEND

RE:RE:RE:DIVIDENDThe fact that those analysts said what they said is brutalBirs situation couldnt have been more obvious..record shale oil production brings with it a ton of extra gas as well. If as some think that shale drops off thru 2024 that may help gas supply. Houba is better qualified than most on this stuff. Now 2025 could be interesting at some point kitimat will be filling ships and perhaps inline with that will be a drop in production if shale oil drops off and gas producers stop over producing. I agree with Houba 2024 will be interesting. When is the time to buy back? Million dollar question.
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