Peyto Exploration & Development Corp T.PEY

This Is Fantastic!! What A Difference!! PEY!!

[newcoin]

Have a look at the people, the dates, the comments and the s/p. Who's right and who's wrong? I'm looking for $19.00 in Q1/23. 

 

TOP PICK

Peyto Exploration & Develop.(PEY-T)

09/11/2022 at 05:00pm

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FMV continues to go straight up, 337% higher than current price. Really likes the industry. Yield is 9.59%. (Analysts’ price target is $18.22)

Oil / Gas

Ross Healy

$14.050

No

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COMMENT

Peyto Exploration & Develop.(PEY-T)

27/01/2022 at 05:00pm

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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

Eric Nuttall

$9.990

Unknown

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DON'T BUY

Peyto Exploration & Develop.(PEY-T)

14/05/2020 at 06:00pm

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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

Eric Nuttall

$2.320

No

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RISKY BUY

TOP PICK

Peyto Exploration & Develop.(PEY-T)

09/11/2022 at 05:00pm

+Get Signals

FMV continues to go straight up, 337% higher than current price. Really likes the industry. Yield is 9.59%. (Analysts’ price target is $18.22)

Oil / Gas

Ross Healy

$14.050

No

UnlockRating

COMMENT

Peyto Exploration & Develop.(PEY-T)

27/01/2022 at 05:00pm

+Get Signals

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

Eric Nuttall

$9.990

Unknown

UnlockRating

DON'T BUY

Peyto Exploration & Develop.(PEY-T)

14/05/2020 at 06:00pm

+Get Signals

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

Eric Nuttall

$2.320

No

UnlockRating

RISKY BUY

TOP PICK

Peyto Exploration & Develop.(PEY-T)

09/11/2022 at 05:00pm

+Get Signals

FMV continues to go straight up, 337% higher than current price. Really likes the industry. Yield is 9.59%. (Analysts’ price target is $18.22)

Oil / Gas

Ross Healy

$14.050

No

UnlockRating

COMMENT

Peyto Exploration & Develop.(PEY-T)

27/01/2022 at 05:00pm

+Get Signals

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

Eric Nuttall

$9.990

Unknown

UnlockRating

DON'T BUY

Peyto Exploration & Develop.(PEY-T)

14/05/2020 at 06:00pm

+Get Signals

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

Eric Nuttall

$2.320

No

UnlockRating

 

[Quintessential1]

Believe the facts!   U.S. pledges to ramp up supplies of natural gas to Britain https://www.cnbc.com/2022/12/07/energy-partnership-between-us-britain-aims-to-ramp-up-lng-supplies.html Summary Working gas in storage was 3,483 Bcf as of Friday, November 25, 2022, according to EIA estimates. This represents a net decrease of 81 Bcf from the previous week. Stocks were 89 Bcf less

[tileb81]

This post has been removed in accordance with Community Policy

[stockmarket1]

How low will they drag the prices down is anyone's guess. But the lower the shares go the juicier the dividend gets and a boat load more shares accumulating.  Tax loss is approaching or....may already be happening some cases. That being said....TFSA in January ---- I'm loading up below while PEY is below $14 !!  Why wouldn't you if you're looking out several years. ?

[Quintessential1]

Exaclty!  That divi combined with a 10 year future proof stock IMO. Just as a note you might not be aware of you can fully load PEY in 2022 and then transfer inkind to your TFSA  in 2023.  I do not expect the share price to be cheaper in 2023.  Just be aware that when you transfer stocks to TFSA inkind you will incurr a cap gain or loss depending on whether they went up or

[John14v3]

The in-kind transfer probably makes sense but I will be honest, I do whatever I can to avoid dealing with Banks and transfering $ in account these accounts, let alone mix the CRA in there. Sounds terrible. So that hassle is probably worth waiting until Jan 3rd, lol. All I know is just like some of the other Canadians on this board, if PEY is <$16 on January 3rd, $6500 is going into my TFSA

[Quintessential1]

I make the banks do as much of my work for as a little of my money as possible.  Hence the onetime fee for a fully loaded buy and then a partial transfer inkind (no fee) to my TFSA later.   I agree the CRA is a minefield but I also believe in the Blue Oyster Cult axiom:"Don't Fear The Reaper" GLTY and all

[stockmarket1]

I've held stocks in my TFSA for years now. PEY is just one of the new additions and I'm planning on loading up more after January 2023. I'm kind of hoping it stays below $14 for an extended period. Cheap shares plus a monthly dividend. Awesome 

[houbahop]

Don't worry, natural gas producers have been going all-in increasing their production and are driving North America Natgas production to new record highs month after month. Soon producers shares will feel the pinch of flooding the markets (once again), unless Europe and NA have a very very cold winter. How do you call someone that keeps doing the same mistake?

[Quintessential1]

Apparently you call them PEYTO investors!  LOL  Just kidding! But I honestly do not believe this will be the case this particular time around. I don't think NA producers can fill the void left by the Russian stoppage of NG flows. Even if the Russians continue to supply bad actors like China, India North Korea et al,  they cannot come close to matching the amount injected into

[houbahop]

Nord Stream 2 never got in service. I am not too sure Russia won't be selling gas to Europe in the near future. Who knows that Germany and Europe will want to buy their natural gas at the same high price as in 2022 in the next years. The law of economics will eventually prevail over political ideology. Such is the market rules of capitalism. One fact is proven. Natural gas producers are

[Quintessential1]

In the Natural Gas producer's defence they were ecouraged to increase output as much as possible almost as if it were a humanitarian effort (it may very well have been). I included Nord stream 2 just because i think it will never see service just like I believe NS1 won't see service again either..  I am sure the EU would love to resume purchasing Russian NG but they probably wern'

[Quintessential1]

To go with this post: Collectively, state utility regulators project natural gas consumption for all sectors is forecasted to rise by 13.8%, attributed to increase in demand for both residential use and electric power generation. And that presumes normal weather through this winter season.     Scripps said a cold winter could exacerbate conditions by even further boosting