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 > Taking some very healthy profits from my long term position

<< Previous

Bullboard Posts

Next >>

Comment by malx1on Oct 03, 2024 12:27pm

87 Views

Post# 36251884

RE:RE:RE:Taking some very healthy profits from my long term position

houbahop wrote: Oh Yeah, very aware of this.
There is absolutely no sell signal at these levels.
Simply too many PEY in my book.

I was lucky to add more on top of an already PEY bloated portfolio last Thursday before ex-div date.

Technically, we are on a brakeout since $15.25.

Luck or skill?

That fact you chose PEY over O&G peers suggests skill.

Your housekeepers can discuss the housekeeping... people here want to know your reasons for remaining a long-term shareholder.

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec