Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Motley fool at it again
View:
Post by shenty46 on Feb 05, 2021 10:44am

Motley fool at it again

Motley fool today recommended peyto exploration to warren buffet. Seems strange, but kindly read, here is what Motley Fool said:

An energy stock Warren Buffett would surely like

Peyto Exploration and Development Corp(TSX:PEY) is a top tier intermediate natural gas producer. Its competitive advantage is its low cost operations. Peyto has managed this advantage well over the years. This has resulted in strong cash flows and strong financials. Peyto has always operated with the goal of maximizing shareholders returns. In the oil and gas world, this has not been the usual practice. These are all things that Warren Buffett looks for. They’re things that we should all look for too. Because of all of this, Peyto stock was my top stock pick for February

So here we are today, with Peyto stock up 40% in 2021. But it’s not too late for investors to get in on this rally. Peyto is one of the highest quality natural gas stocks out there. And if natural gas fundamentals continue to improve, it will continue to soar.,

Comment by GoldStandard41 on Feb 06, 2021 8:37am
I've been following MF peyto coverage. They were pumping it back in 2017 -2018. When the SP cratered they along with most 'analysts' just stopped covering it. At the moment of most opportunity in March and mid last year there was no coverage just went silent. Now that we had a monster 400% gain from the low, they are back on board and pumping it when it was already missed. They are ...more  
Comment by sportstermathew on Feb 06, 2021 1:54pm
I am not sure, but I believe a lot of this stuff is computer generated similar to reports you see on Yahoo. They have crieteria for an industry, the computer picks out all the specifics from insider buying, charts, production levels and of course stock prices. I don't trust it at all although it is so arms length that it is in the next yard so far away you need binockulars to see the real ...more  
Comment by Yasch22 on Feb 07, 2021 1:22am
This post has been removed in accordance with Community Policy
Comment by Yasch22 on Feb 07, 2021 2:06am
This post has been removed in accordance with Community Policy
Comment by TerribleEng on Feb 07, 2021 12:33pm
I guess you haven't heard of inverse WSB play.  For the most part their plays are catastrophic. Selling box spreads, going long OTM call options 2 days before expiry, etc. When the volume dries up, and it always does; the diamond hands turn to paper hands and it overshoots on the downside as soon as the positive cashflows into the stock stop. Look up loss porn on WSB; what you are ...more  
Comment by Oldnagger on Feb 07, 2021 5:42pm
I would think that when small investors are playing with a few dollars that it really not so bad. It may very well be a cheap education preventing much greater losses later in life !!
Comment by Yasch22 on Feb 08, 2021 1:44pm
This post has been removed in accordance with Community Policy
Comment by sportstermathew on Feb 08, 2021 5:58pm
There is still a long way to go. Who knows, Peyto may actually top previous levels due to fortuitous pricing in the future, and all other parameters we can only dream of. Even if not it seems they have a very good handle on what they are doing.  It is funny how all the negative stuff seems to fade away during better times. And the guys at Peyto know it too, you don't think they hated ...more  
Comment by Reddale on Feb 07, 2021 2:54pm
Gold, maybe they bought cheap and are now trying to unload a nice gain ? Red 
Comment by GoldStandard41 on Feb 07, 2021 11:00pm
The one I'm referring to is Daniel Da Costa he basically sold out near the bottom March 28, 2020 to buy Suncor then reiterated on April that Peyto was not a buy. Then a long silence period and he's back a few weeks ago saying he's all in today after basically having missed 300%. I wonder how his Suncor did. These analysts are a joke, they move with the tides and provide no future ...more