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 > Ex dividend today...

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Comment by stockmarket1on Aug 30, 2024 6:41pm

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Post# 36203546

RE:RE:Ex dividend today...

Lol...ur right. I can't figure out this stock. I wanted to get in the ex dividend date. I still have ample cash in balance waiting for cheaper price. If that ever happens..

Cheers. Have a good weekend

houbahop wrote: $14.50, fully valued, huh?

I sold the ones bought at $13.60 at the beginning of the month at $14.75 earlier this week. One year of dividends in three weeks.

I am waiting for PEY in the area of $12.75...

I do not like the Natgas future market. Also, TOU, the canadian Natgas leader looks top heavy and is quite shorted. I find visibility in the sector blurr. A possibility for PEY to trade under $13?

Still in full long term position with a nice 9% dividend at current price of $14.60.