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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 > Great potential
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Post by Dazzle01 on May 15, 2023 10:28pm

Great potential

PEA has a nice asset I don’t see how they get in the LNG market out of Canada they are a price taker hedging is there only bet.
if they can get the balance sheet fixed they have an opportunity to grow. Drilling success is impressive  lots of upside to add volume and production costs will only get better with volume. 
They need a story of growth and shareholder value.
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