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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

Peyto Exploration & Development Corp > Peyto up 9% on the day!
View:
Post by neigegarcon on Sep 13, 2021 4:51pm

Peyto up 9% on the day!

Nat gas inventories are low and falling further behind demand, while prices are surging to reflect this imbalance.

Nice day to be a Peyto shareholder!

Comment by shenty46 on Sep 13, 2021 5:09pm
It is a 50 dollar stock quoting at 8 dollars.
Comment by Yasch22 on Sep 13, 2021 5:34pm
This post has been removed in accordance with Community Policy
Comment by PabloLafortune on Sep 14, 2021 8:06am
Isn't the story that a lot of basis deals go away after October and at these prices Peyto with its low cost structure is going to generate a lot of cash? Also, can those awful basis deals be replaced with exponentially more favorable hedges?
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