Peyto Exploration & Development Corp T.PEY

those were the days my friends we thought they'd never end

[uncutgems]

I watch companies over the LONG TERM. I cut through the Promotional BS that most retail punters Salivate over. Like SA conference calls from promotional CEOS.

I like SIMPLE CONCEPTS that are easy for retailers to grasp.

Here's one. 

Before the downturn 

Peyto was prodcuing about 100k boe/d.
Tourmaline was producing about 250k boe/d.

Let's look at what these companies did to change their corproate TRAJECTORY and ability to create value.

Peyto today is producting a shade over 100k boe/d. it's mix of liquids to gas has NOT CHANGED.

Tourmaline today is producing 500k/boe/d. 5x what Peyto is. It has raised it's liquids ratio to around 22% from around 15%.

there are TALKER and DOERS.

which company CEO actually creates value and which company CEO talks about it?

Which kind of CEO runs YOUR company?

[gonatgasgo]

The big difference is the quality of the balance sheet.  PEY had (and still has) way too much debt.  Its hands are tied to a large extend. TOU was able to acquire a ton of small companies at very cheap prices.  This is where the quality of management makes a difference.

[uncutgems]

no. the big difference is the QUALITY of management. the quality of management created to AAA balance sheet at TOU and the POOR balance sheet at PEY. you have to get to the root of the issue.

[Quintessential1]

Yes and you are a talker.  Why you are doing it on this board is a mystery.  Some perceived slight from years ago I suspect. Usually a before and after comparison would include the before and after of both companies but I am guessing that that didn't make your comparrison look as good. Anyway, thanks for wasting your time.   Please be a stranger. GLTA Longs

[uncutgems]

and you just offered ZERO VALUE.

[uncutgems]

no ideas thoughts or insights other than throwing a tantrum and wanting this to be a "safe space".

[Quintessential1]

My insight was that yours was slanted and unnecessary.  If that is your idea of a tantrum then I would say you are thin skinned and probably should avoid having kids. Your comparison was incomplete. Tou has done well but which stock is poised to do better from this point in time? Do you think Tou has a 50% gain in share price in it?  Does PEY? Unless you are here to recommend this

[uncutgems]

my insight is that your comments are uneccesary. unless you are here to be a cheerleader. then they are essential. the difference between me and you is I ENCOURAGE you to make all the unencessary comments you desire. I don't require this to be a "safe space" for commentary. Your comments do not harm me as I can take them or leave them (I leave them). You seek to Control discourse in

[Quintessential1]

You are not doing a very good job of leaving them.  Perhaps you are not as secure in your environment as you claim? GLTA Longs

[Yasch22]

This post has been removed in accordance with Community Policy

[uncutgems]

someone who tracks another poster that meticulously has an unhealthy Obsession. I am lucky I live in the lower 48.

[Sskcdn89]

There is a harsh truth to the comments made by uncutgems. If Peyto had prioritized debt repayment and been able to adjust and not over hedge, the stock would have a market cap between 4-5bil today. With that said, they still produce gas on the cheap and need to get their debt to between 500-600mil by this time next year.