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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

Bullboard (TSX:PEY)

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Post by stockmarket1on Nov 13, 2024 5:48pm

JP - Peyto BNN interview. 2025, hopes to be good.

https://www.bnnbloomberg.ca/video/shows/commodities/2024/11/13/peyto-explorations-third-quarter-results-surpass-expectations/
Comment by topdopon Nov 13, 2024 2:54pm

RE:RE:RE:RE:RE:RE:Q3

Yep. All good points that suit you. And your situation. Which is how this game works. When I last Sold big chunks back in '22, my divvy rate was almost double yours. But I bought a whole entire ...more  
Comment by topdopon Nov 13, 2024 2:43pm

RE:RE:RE:RE:RE:RE:Q3

Fair question: I sold. So you don't have to be concerned about that anymore! I had been looking for a more aggressive approach to debt reduction, particyularly after Repsol. I know it will take ...more  
Comment by Westcoastenergyon Nov 13, 2024 1:41pm

RE:RE:RE:RE:RE:Q3

I suspect if you had held on, like I have, you would have paid off your initial investment over the years through dividends.  I consider it all gravy now.  The company is not likely to worth ...more  
Comment by bttmfischeron Nov 13, 2024 12:45pm

RE:RE:RE:RE:RE:Q3

topdop, very interesting. However if you alredy gained $1.25/ share  and have little confidence in the management of the company, what are you still holding PEY shares?
Post by GregC24on Nov 13, 2024 11:44am

Conf Call Q&A

Cascade gas price:  contract is confidential.  Won't disclosed relized price for this. Debt:  Plan on reducting debt in Q4 Business plan tested $1-$1.50 AECO average for 12 months.& ...more  
Post by auagntungstenon Nov 13, 2024 11:07am

Cascade 1 and 2 back on line,

Hoping their stability, if the was an issue is resolved. GLTA
Post by Westcoastenergyon Nov 13, 2024 11:02am

With no surprises, Scotia remains bullish on PEY; target $22

Peyto Exploration & Development Corp. PEY-T: C$15.25 Target: C$22.00 Rating: Sector Outperform Q3/24 Largely In Line; Preliminary 2025 ...more  
Comment by houbahopon Nov 13, 2024 7:41am

RE:RE:RE:RE:RE:Q3

Interesting comments, topdop. May I say I share alot of your understanding of the issues. I would say it is a BoD problem. - Top level in operations. Compare to all other Natgas producers. - Average ...more  
Comment by topdopon Nov 13, 2024 6:55am

RE:RE:RE:RE:Q3

I have been a shareholder, on and off, for a very, very long time. Some years I had no shares. Some years I had tens of thousands across many family accounts. I've made very good money investing ...more  
Comment by houbahopon Nov 13, 2024 5:53am

RE:RE:RE:Q3

Not surprised by debt increasing to finance dividends. Not surprised to see they are going all-in on capex despite natgas prices in the hole and hedges being sold at much lower prices. What is the ...more  
Comment by stockmarket1on Nov 13, 2024 1:08am

RE:RE:RE:Q3

Thx for pointing that out in the outlook section.  I did see that but I was curious what the current number was standing at. I also noticed the payout ratio. Debt definitely needs to get paid ...more  
Comment by ElJon Nov 13, 2024 12:56am

RE:RE:Q3

stockmarket1,                          I agree with your overall perspective on Peyto Hedging under current Ngas pricing environment ...more  
Comment by stockmarket1on Nov 12, 2024 10:28pm

RE:Q3

No mention of debt reduction total which is interesting. Nice to see that the hedging is working oit very well. Solid throughout 2025 and 26.  No real big surprises but, overall,  I think ...more  
Post by topdopon Nov 12, 2024 8:19pm

Q3

First thoughts: Big jump in payout ratio from 104% a year ago to 125% Not one single paragraph about Debt and/or Debt reduction plans looking forward.