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 > $60k Worth of Insider Buys Yesterday @$15.38

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Comment by malx1on Dec 19, 2024 8:44pm

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Post# 36371409

RE:$60k Worth of Insider Buys Yesterday @$15.38

JoeBravo1 wrote: At least insiders are supporting the share price at these prices.

Peyton Insider Buys

Low volume is not supporting; $60k is participating.

Insiders have 1k diff reasons to sell, only one reason to buy.
Yes, this is positive for medium to long term stakeholders.
PEY likely a NG champion next 5yrs.

Ride it out.

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