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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
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Post by stockmarket1on Nov 12, 2024 3:25pm
138 Views
Post# 36308827

After the bell today...

After the bell today...Earnings report after the bell today. And seeing how todays share price is reacting ahead of it. Looks like it may be a " sleepy " report. Leading indicator. Besides, all other O&G companies that have reported have had share price reduced afterwords. Peyto might be any different. 

That's ok because I have available equity at hand for re-investment at lower prices -- should it occur. My bet? I think we'll see lower prices soon enough. Plus, dividend payday in a few days....BONUS!! 

G/L
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