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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

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Post by shenty46 on Feb 18, 2021 10:13am

and another

and another good news was that they would be evaluating when to increase dividend
Comment by sportstermathew on Feb 18, 2021 11:28am
Here is the section mentioning dividend increases. You have to think they are planning on reducing debt also on an ongoing basis. Having little to no debt is good for sure, however the way I think they look at it is it is better to borrow others money at low rates and get much higher returns on the other end. These new assets they bought are excellent, they must have given the seller their ...more  
Comment by Yasch22 on Feb 19, 2021 2:42am
This post has been removed in accordance with Community Policy