Peyto Exploration & Development Corp T.PEY

pop

[itsalie]

any thougths on the pop today? I didn't see a release of any kind

[neigegarcon]

natural gas prices are up sharply today, pehaps in response to ever stronger signs of an early season heat wave in the East.. 

[houbahop]

The POP should have occured last Thursday after Q1 results PR. Market participants misread the PR, got whipsawed and bought back on Friday. Over the weekend, they realize the PR was rather good and bought more today. Is it the end of $$$ five-ish? Looks like it...

[Yasch22]

This post has been removed in accordance with Community Policy

[houbahop]

I am aware of this Yasch. Just trying to lighten the mood... Do you have an approximation of the EBITDA generated if peyto was selling 100 000 boe/d of its liquids and gas production at current price, without hedges or basis deals? What to make of a market cap. of $1B when EBITDA would run at $600m a year? Of course, we have to take away the capex dollars out of the equations to make any sense..

[sportstermathew]

PEYTO  is a spring under pressure ready to POP as you say. I am waiting to buy under $6 again, missed it last week for what I wanted to do. Race cars around the track but Peyto has more GAS so will run ahead after some time. I am wondering what they are doing with new production?  hedging it all or keeping it for market prices considering current prices. Does it make more sense for

[shenty46]

Despite all bad hedges, peyto at this time should have been trading above 15 dollars atleast, This is just the most undervalued stock in all oil and gas sector.

[Ozhoks]

I think Peyto has lost its loyal investors (of all kind) since dividend payment is "paused" for a long time (ignoring 1 cent) due to business environment somehow collapsed. I believe sp will re-pop and then keep improving once reasonable dividends are announced and start to attract long term investors again. So my strategy is based on this; for a long time accumulating to