Post by
sportstermathew on Jun 15, 2021 9:52am
Nothing Holding back Peyto now...
With current pricing as with other companies all things are looking good.
Peyto may be in an unique position with all its plants, a new generation plant, tons of land, lots of tech to help with drilling four or five or more rigs just flying.
Like most, management and us together all just wonder when the next shoe will fall.
This is what protects Peyto. Add in some growth. I just wish they had bought back 10 to 20 million of shares when they were almost free. They could have just resold them and paid off 100 million in debt or more eventually.
Right now very few want to sell shares of anything in oil and gas. For the next two years why would you???
Comment by
shenty46 on Jun 15, 2021 11:40am
Absolutely right, who would like to sell any oil and gas stock, especially peyto, I am just wondering when will I reach one million dollars milestone with 49000 shares.
Comment by
Oldnagger on Jun 18, 2021 7:50pm
I am retired now, but when I was younger, I would have been very careful about loading up on shares of the same company that gave me a paycheck , particularly at times when the future is cloudy. The thing that strikes me most about Mr. Gee is his openness and intellect. Based on that I believe we will all do well !!