Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

TSX:PEA - Post by User

Pieridae Energy Ltd

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Post by Sogosohubidu201on Dec 06, 2024 2:02pm

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Post# 36349740

PEA 2025 Guidance

Under PEA 2025 guidances, it will probably generate around $10 millions of positive free cash flow at still very low AECO price of $2.34/GJ. With LNG Canada starting production soon and after LNG Canada production ramp up from June 2025, AECO price should jump significantly and will probably above $6/GJ in 2026, 2027 and 2028. This is the big rewards I am waiting for. With the current production hedges, PEA still has about 45% production capacity exposed to AECO spot prices. With the addition of large new sulfur revenue and earning coming in from January 1, 2026, the future for PEA is indeed bright.

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