Peyto Exploration & Development Corp T.PEY

man did they just "step in it" again?

[uncutgems]

raising the dividend right before a collapse in natty prices? what is it with these guys and their monthly dividends that often prive unsustainably high?

It almost seems like these guys LIKE flying close to the sun!

Hey peyto guys! 
there is such a thing as paying down your debt and living within your means!

[uncutgems]

I can guarantee you one thing. they will hedge the exact same way they always have whether prices are up down or sideways. That's all they do. that's all they know how to do!

[houbahop]

There is a huge gap between what Peyto claims and what they actually do. Don't trust their words. About a year ago, DG claimed they would reduce debt by $350m by the end of 2022. Reality is they will have reimbursed $200m. Also, at the end of 2021, they guided for a  capex budget of $350 to $400m per annum for the next 3-4 years. Reality is, capex + acquisitions totalled an estimated

[stockmarket1]

I've got cash to buy more but with the anticipation that Peyton shares will go below $10. So, I've been on the sidelines for a couple of weeks now. I can easily average down, but, I'm in no rush to buy more at today's level ( $12). I'll enjoy the monthly dividend from this point on and wait it out.