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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

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

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Post by 1rockit on May 23, 2022 9:46pm

$$ ;

With the price of nat gas where it is, one would think that the company could get a better deal on long term debt. All of the sudden their debt isn't looking so risky. You'd think they'd be able to at least cut their obligations of 20% interest on their debt to at least half that . I could definitely see some stock price appreciation because I this.. Just another angle that this company is a better buy than ITE . Another reason is the 40 thous barrels P/D Equivalent.
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