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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 Wonder How Eric Nuttall Feels About PEY/NG Now?
View:
Post by newcoin on Nov 10, 2022 2:50pm

I Wonder How Eric Nuttall Feels About PEY/NG Now?

COMMENT
Company is highly exposed to natural gas. Concerned about over supply of natural gas in North America. Believes much higher potential in oil stocks. Avoiding natural gas stocks for now.
Oil / Gas
DON'T BUY
Natural gas? The outlook for natural gas has improved as associated production has impacted by shut in oil production. He is not fond of PEY as they have covenant violations (that should be worked out). He has others he prefers.
Oil / Gas
 
Comment by malx1 on Nov 10, 2022 9:00pm
He probably loaded up as retail speculators dumped the past few months. You'll find out long after he's made 25%+ and onto the next undervalued opportunity. Always the bridesmaid, never the bride. All the stockhouse experts poking at Canada's best energy manager, maybe best in the world. Lol
Comment by John14v3 on Nov 11, 2022 10:31pm
Great job Peyto! Great job shareholders.  The share price is going to keep sneaking up as the dividend yield gets visibility on the numerous e-robot filters. Then the investors find out that PEY is a legit company. Most of the time 10% dividend yield means you should get out of the stock, but this is unique situation that is being telegraphed where the Company can afford the dividend for a ...more  
Comment by newcoin on Nov 12, 2022 11:13am
Ryan Bushell was just on BNN Market Call saying the future for NG has changed tremendously, recently. NG is used so much to produce electricity. With the new green world approaching they require lots of electricity. Many other reasons. He didn't mention PEY but NG was his natural resource of choice for investments.
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