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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

Pieridae Energy Ltd > anti hedgers
View:
Post by garnot on Nov 10, 2022 7:11pm

anti hedgers

We are not all anti hedgers, hedging % will drop for Q4 and very low for Q1 2023. Freeport LNG will re-start, colder is coming in north america and eventually in europe and maintenance pipeline are done AECO price is higher. If the war stop in europe or a big market drop the gas will drop but not yet. All good for PEA for Q4 and Q1. Maybe a company will buy PEA.
Comment by Maxmoe on Nov 11, 2022 10:27am
Maybe, but I'd rather see them succeed at turning this thing around because I believe the upside is far better than most other producers because the assets are so undervalued. But we'll see.  
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