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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 > I am of the opinion their is significant upside here.
View:
Post by 7Twiggy on Mar 11, 2022 11:47am

I am of the opinion their is significant upside here.

Tomorrow's quarterly results should give us a better idea where this is going. My bet is up. Oil and gas are not going down significantly anytime soon. Should also get a confirmation of the next dividend. Take a look at the short report on CEO.ca. Looks to me that their has been an increase of shorts. 316,000  on the TSX as of Feb 28.  Should get an update in a week or so. Does not not take much for shorts to play their game with low volumes.  That short number is more than the volume on the TSX today.  I am hoping that along with very positive guidance and the shorts running to the door we will see some significat upside.
Comment by Burgersandfries on Mar 11, 2022 3:54pm
Tomorrow's quarterly report?
Comment by sportstermathew on Mar 11, 2022 5:01pm
Not sure what you mean. Earnings came out on Wednesday and conference call yesterday. I bought a lot more today.
Comment by Burgersandfries on Mar 11, 2022 7:57pm
I was responding to 7twiggy's odd post.
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