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Bullboard - Stock Discussion Forum 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... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Why so cheap
View:
Post by Frediboy on May 12, 2021 5:21pm

Why so cheap

Hi i can see most oil company have rebound .
Why pea is draging behind ?
Why is it so cheap , what am i missing here ?? Thanks
Comment by RaniQuebec on May 13, 2021 4:12am
hi  we are missing this: Bechtel to deliver a comprehensive engineering, procurement, construction and commissioning (“EPCC”) execution plan by March 31, 2021, and deliver a final lump sum, turnkey EPCC contract price proposal by May 31, 2021.
Comment by Frediboy on May 13, 2021 5:42am
ok i understand the Nova scotia project is on the line . But apart from that , production wise , with the price of the oil and gas going up , they will be turning over their edging contract . Shouldn't this company worth much more ??
Comment by commonsense9 on May 13, 2021 10:07am
Quarter by quarter the gas fields loose money. Cash is VERY thin and Accounts Payable just went up another $14m.... 3 months ago Sorensen wa already saying "we are working with our suppliers." Draw your own conclusions.
Pieridae Energy Ltd