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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

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Post by shenty46 on Dec 22, 2021 7:24pm

Where will

Where will it stop, natural gas prices have crossed 59 dollars in Europe, and we are at 4, US lng manufacturers that are exporting to Europe are also making a fortune, Time to catch up some what may be by next month.
Comment by auagntungsten on Dec 22, 2021 9:01pm
When the traders squeeze every penny out of supplies then a real cold snap shorts the supply. Some Win, some lose and others get cold.
Comment by TerribleEng on Dec 23, 2021 2:13pm
US LNG manufacturers aren't making anything more then their usual spread. They charge NYMEX HH + $2.00 Liquifaction fee to their contracted loads. European traders are the one that are making bank, but they are most likely utilities that are forced to sell electricity at capped rates... so they are all losing regardless.  https://www.fitchratings.com/research/corporate-finance/high ...more  
Comment by llerrad5 on Dec 23, 2021 4:27pm
I like GLNG who transport and store N gas to Europe. These shippers should be winners.Weekly Graph of GLNG
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