Peyto Exploration & Development Corp T.PEY

TOU take PEY

[Ganga22]

Heard rumors that TOU might be interested in a buy-out of PEY.  1 TOU for 3 PEY,  More than one source.

[Yasch22]

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[Ganga22]

Yasch, so you believe in climate change, and yet invest in oil & gas,  Hmmmm!  And I suppose you drive an EV.  By the way, an EV is far more damaging to the environment than an  ICE, over the life cycle. Do the research on both of these. Hoax, Hoax

[Yasch22]

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[Quintessential1]

Well said.  The world can't quit O&G cold turkey any more than I can afford to not pay attention to the economic realities of ICE versus EVs.  Right now ICE wins but $2/liter gas is narrowing that gap considerably. The irony, and hypocrisy if you prefer, is that without O&G investments I probably could not afford my ICE vehicles.  They are my infationary hedge

[llerrad5]

Thee are good arguments on both sides. For example, it depends where temps are taken if you belive global warming is still the thing, or is it cooling, or the latest term climate change which has been happening for 1000'sf years. It never stops. TV and social media play a big role in citing each and every warm spell, cold spell, tornado, flood, hurricane etc, This tends to ditort teh historic

[Yasch22]

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[Yasch22]

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[sportstermathew]

If you gave me $24 for PEY right now I may take it, only for one reason:  1: there are a lot of other companies out there to go into right now at reasonable prices, especially on this dip. However if TOU did this would their price not drop also?  at least to some degree?  or maybe go up because PEY is such a great deal. One mentioned about PEY's low ownership by management

[WinstonSmith]

Both National Bank and CIBC raised their price target to 23 and 22 bucks respectively.... quite a jump which tends to support the 1 for 3 merger hypothesis,

[Yasch22]

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[Quintessential1]

DG's monthly PR would be missed for sure...slant and all. GLTA

[ngtraderng]

This is interesting but goes against what Mike Rose said a few months ago that major acquisitions are largely done and that there would only be small bolt-on acquisitions. The two companies have different risk profiles and as a shareholder of both, I like that. Peyto management is also quite comfortable with that (getting so many stock options at a cycle low is pretty sweet!) and I don't see