Peyto Exploration & Development Corp T.PEY

If we

[shenty46]

If we read what Darren gee said in the conference call, peyto should not have been languishing near 10 dollars This quarter results would be buoyed by high sales of liquid rich Cardiums, bought more land, good acquisition Along with a gas plant for just 22 million, year end production around 110000 boe/d

[TerribleEng]

The space is so small compared to the US market in general. Not much room for a deep dive, hence the huge spread in 2022/23 EPS between analysts. With the amount of information Peyto provides about Capex, production and hedges it should be pretty easy to peg their earnings to within $50 assuming unhedged flows are at strip pricing. Even if prices for NG drop to $3.50... Peyto will see YoY and QoQ

[sportstermathew]

Even though I like trading thinking I will get ahead of the game, I have actually by about 40% but now most other stocks have done their thing. Just waiting for CR to have a really good day and move it into PEY. I am also per DG's comments expecting another dividend increase maybe end or early next year. However, I would also like to see debt go to near zero in a rising interest rate