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 > JP - Peyto BNN interview. 2025, hopes to be good.

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Comment by GregC24on Nov 14, 2024 1:17pm

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Post# 36313115

RE:RE:RE:JP - Peyto BNN interview. 2025, hopes to be good.

malx1 wrote:
houbahop wrote: At 2:34, for 2025:

Locked-in Revenues of close to $800m (hedges), Capex of $450-$500, Dividends of $260m.

Looks like everything is covered for 2025, hum?

Where are all the costs related to these revenues?
Royalties, operating & transport, admin., interest on debt, etc...
Kind of omitted

PEY upside is not that obvious for the time being, imo.

Geeez

No obvious upside?

Have we all forgot about LNG demand?

Only 2-3 quarters away from shipping to foreign markets.

What's that do to the futures curve?

Yes, even with fledgling govt in BC and Canada's Federal Cabinet of Fools, NG exports will be commencing 2025.

Hold your horses, champ!

Upside will finally be in the price of the commodity.

PEY may be slower out of the gates vs peers but slow and steady wins the chess tournament.

Reinvest those dividends. At $25/sh, you'll be afraid to buy more.