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Bullboard - Stock Discussion Forum
Peyto Exploration & Development Corp
T.PEY
Alternate Symbol(s):
PEYUF
Energy
Oil & Gas E&P
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...
Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).
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TSX:PEY - Post Discussion
Peyto Exploration & Development Corp
> Sell on News?
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(84)
•••
itsalie
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Post by
itsalie
on Nov 08, 2021 3:37pm
Sell on News?
Hope they surprise.. market doesn't think so
(32)
•••
muslix1
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Comment by
muslix1
on Nov 08, 2021 4:37pm
this is going to be morethan you think... My call..
(20)
•••
sportstermathew
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Comment by
sportstermathew
on Nov 08, 2021 5:24pm
My fault, was thinking paying like FRU. Forgot it was quarterly. Had my head in a paint roller all day. I am not sure if costs are higher for a company to pay out a monthly or quarterly dividend? Someone has to keep track of all of that and write checks or deposit direct to accounts. Personally I would rather see a combination of increased debt payment and strong steady growth
...more
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