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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

Post by malx1on Apr 11, 2024 1:08pm
205 Views
Post# 35983692

Market has no memory, investors just have hurt feelings

Market has no memory, investors just have hurt feelingsGuys, provide a little context when talking turkey.

Someone mentioned $40 PEY shares.


Jeeez, the last time those number crossed the ticker we had an $8 floor in NG prices.

Funny thing about your ACB, it's the same as your shoe size.

Nobody cares except CRA and the boot-maker.


Set aside your past market dealings, focus on the bumpy road in front of your wagon.

$1 or $40 share price 20 years ago is a hill of beans.

Wake up, gents!

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