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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp. T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp is a Canadian energy company involved in the development and production of natural gas in Alberta's deep basin. Substantial revenue is generated from Natural gas and natural gas liquid sales.

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The dividend is sustainable

An amazing opportunity to get a 10% dividend on your investment for the rest of your life.  rate and reply

NG NEWS

 The Federal Energy Regulatory Commission has given Freeport LNG Development, L.P. the approval it requested to restart some operations, a regulatory filing from Thursday shows. BCRNW  rate and reply

Imagine Lithium Identifies a New Drilling Target Located Near Flagship Jackpot Property

J.C. St-Amour, President of Imagine commented, "This newly discovered area demonstrates the prospectivity of our very large land package. The team is very excited to test this newly identified zone. There is some ground cover in this area, so there is excellent potential for expansion of this dike along strike as well as potential for additional dikes in this area. The grab sample grades suggest it is a well mineralized dike that we intend to drill test in 2023." ...read more

RE:Peyto's hedges should prop sp in downturn?

Thanks Yasch , the funny part here is it only seems like yesterday everybody was screeming about the LOW BOTTOM HEDGES and now LOOK  !  How things can change on a dime . BCRNW  rate and reply
@ the Bell: TSX up on energy & financial gains
Canada’s main stock index was up by close in Thursday trading, thanks to gains led by the heavyweight energy and financial sectors, with an assist from tech. The industrial and utilities sectors... read article.

Peyto's hedges should prop sp in downturn?

Check out the marketing report that was updated January 15: https://www.peyto.com/Files/Operations/Marketing/Marketing_Jan%202023v2.pdf For Q1 2023, 72%+ is hedged at these prices in $CAD: AECO 7A:&...read more

RE:RE:RE:RE:RE:RE:RE:Freeport setting up to reopen

Thanks Q -- good article from OilPrice.com: *** Partial quote: Freeport LNG on Monday confirmed for Oilprice.com that repairs had been completed at its liquefied natural gas export facility, which...read more

RE:RE:RE:RE:RE:RE:Freeport setting up to reopen

"Just my opinion, but when Freeport goes back online, I suspect the upward pressure on prices will be minimal and short-term." Yes now they will and a month from now even less but in...read more

Kyiv Independent: EU still hooked on Russian gas

Interesting article offering a lot more details than we usually read about. https://kyivindependent.com/world/europe-still-hooked-on-russian-gas-despite-deep-cut It also shows the limitations of the...read more

RE:RE:RE:RE:RE:Freeport setting up to reopen

Yes, I see your point about how the shut-down of Freeport helped to lower prices in the USA, and Canada. My point was only that the shutdown, especially in the first couple of months after the fire...read more

what

what it looks like natural gas prices may go lower than dollar 2, may be in summer, and there is a lot of prouction, if prices fall below even dollar 2.5, a lot companies will be forced to slash the...read more

RE:debt

Very surprising that these Nat gas stocks holding pretty good despite Nat gas at 2.70  2 years lows  may be Big Funds slowly selling so prices not crash as they get out or they are thinking...read more

RE:Scotia Target $26. Divy increase very positive

Break even at less than US$2.50 Henry Hub.   KEY RESULTS 120% dividend increase. PEY will increase its monthly dividend to $0.11/share (from $0.05/share...read more
Buzz on the Bullboards: Doomsday clock ticks seconds to midnight
Trading activity has been picking up on Bay Street and Wall Street lately as investors shake off the winter hibernation doldrums. There hasn’t been any shortage of excitement on the trading floors... read article.

RE:RE:RE:RE:RE:RE:Did No One Notice Dividend Went from .05 to .11 a Month

Thanks to the stupidity of natural gas producers having increasing their production as top priority, we will see natgas price trade below $2 in a couple of weeks. Killing the golden goose with such...read more

RE:RE:RE:RE:RE:Did No One Notice Dividend Went from .05 to .11 a Month

Last time on BNN market call, Ross Healy had PEY as his top pick. Curious if he still holds it now with Nat Gas tanking?   rate and reply

RE:RE:RE:RE:RE:Did No One Notice Dividend Went from .05 to .11 a Month

As I write this the price of Nat Gas is below $3 !! Like you, I'm beginning to wonder if PEY pulled the trigger too early with the hefty monthly dividend increase. Geez, I dunno.   rate and reply

RE:RE:RE:RE:Freeport setting up to reopen

Actually I was thinking just the opposite.  That the shut in LNG helped lower US domestic NG prices by building inventories and supply.  Freeport uses about 2-3% of the total NA NG supply to...read more

RE:RE:RE:RE:Did No One Notice Dividend Went from .05 to .11 a Month

With NG price tanking, has PEY's BOD overlooked and hence increased dividend payout prematruely to $0.11/month ($1.32/year) ?  i.e. is it sustainable?  The market seems to think Not...read more

RE:Freeport setting up to reopen

And the temperature starts dropping......  rate and reply
@ the Bell: BoC raises interest rate to 4.5 per cent
Canada’s main stock index closed in the red again on Wednesday, led lower by losses in the energy and industrial sectors. Indices were split as the technology, mining, financial, and telecom... read article.

RE:RE:RE:Freeport setting up to reopen

Interesting points, Quintessential.  Just an amateur opinion, but the inflation-fighting benefits to a delay in reopening Freeport are probably minimal. It's true that the shut-in last June...read more

RE:debt

Frank Stronach runs the old playbook on comparing corporate debt to national debt. They're not the same. A government can roll over debt continuously (within some limitations, though the...read more

RE:RE:Freeport setting up to reopen

I am cautiously optimistic that they start up soon. Since the shut in NG helps lower prices and aids the current administration with its short term inflationary goals I don't see the bereaucracy...read more