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 > Nice upgrade to $18.50 by ATB

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Comment by stockmarket1on Oct 09, 2024 9:55am

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Post# 36259196

RE:RE:RE:RE:RE:Nice upgrade to $18.50 by ATB

I usually quote the persons comment. What I meant by not selling shares? I meant that I don't liquidate my whole position 100% then re enter like some do. I don't gamble that way. That's a fools game imo. I do profit take ---which isn't all that much so, if that is considered " selling" then, I worded it wrong in my post. My bad

houbahop wrote: ??? Is there two stockmarket1?

Comment by stockmarket1on Oct 03, 2024 12:28pm

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Post# 36251888

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

I agree. I sold a small amount the other day and now I'm holding onto what I have which is still an adaquite amount. Both WTI and nat gas still, imho, have more upside. A few Peyto Analysts have a price target of $17 and above. If we hit $17 + then I might be convinced into selling off more. But, gotta like that dividend Pey pays. Hard to walk away from that.

Anyone have any idea if symbol == SOBO is good? Thanks