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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 > Maybe that $20 plus target is more than a pipe dream.
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Post by 7Twiggy on Mar 25, 2022 12:31pm

Maybe that $20 plus target is more than a pipe dream.

Good volume. New to the stock, but don't see any large blocks trading, a lot of small lots anonymous trades. Is this normal for Peyto?  Maybe that $20 plus.target is more than a pipe dream.
Comment by Catscratch on Mar 25, 2022 12:36pm
At current gas prices Peyto is incredibly cheap and free cash flow is steadily increasing as time passes and hedges reset at higher prices (not to mention production growth).... See you at $20!
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