Peyto Exploration & Development Corp T.PEY

May be in next

[shenty46]

May be in next two months better sense will prevail, the most gaseous stock, with lowest cost of production, and most of bad hedges gone by this quarter when ng prices quoting near $3.5 for next year strip, and bound to go much higher, should trade in twenties not  near 6 dollars.

[SecondhandGnus]

I hope you're correct, Shenty, but the hedges for Q3 will look even worse than for Q2 (though they are almost identical) since the spot prices have continued to rise.  That said, there are still some ugly hedges for Q4, just fewer.  2022 also has underwater fixed hedges, though fewer still. I'm pro-Peyto because debt issues should be in the rearview mirror by the end of Q1 2022,

[shenty46]

You are absolutely right