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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, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol... see more

TSX:PEY - Post Discussion

Peyto Exploration & Development Corp > Seeking Alpha article ... says it :(
View:
Post by Water_Man on Nov 17, 2020 1:14pm

Seeking Alpha article ... says it :(

https://seekingalpha.com/article/4389226-peyto-exploration-drilling-for-bogeys
Comment by Maxmoe on Nov 17, 2020 8:37pm
the fact is Western Canadian gas producers are in a world of hurt, and that won't likely change until two primary issues are solved: the lack of adequate pipeline exit capacity, and a large-scale LNG export terminal on the Western Canadian coast so deep-basin producers can access global markets.   not a very cogent argument against buying pey. Both of his "primary issues" ...more  
Comment by Yasch22 on Nov 18, 2020 5:00pm
This post has been removed in accordance with Community Policy
Comment by shenty46 on Nov 19, 2020 8:50am
HI yasch,                 you are absolutely right, the author of the article even didnt recognize the fact that peyto deliberately reduced production from 2018 onwards, neither he says that they are exiting with production of near 100000 boe/d in 2021, nor he had any knowledge about ngtl expansion.
Comment by Seppelt on Nov 19, 2020 10:38pm
I used to follow this author but after reading a few of his articles and frequent comments and arguments with his readers, I figured it was waste of time. Haven’t read his stuff for years. Saw this article a few days ago but ignored it. There is little to learn from him and pointless to argue.