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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

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Post by Sukhi19 on Nov 14, 2023 1:14pm

11.90

Those who got it for $11.9 must be taking profits and waiting for further fall in SP.
But NG Prices have been strong in Q3 and they have 68% hedged so Q4 should be much better than Q3.

Cascade should be icing on the cake and hopefully should be up and running shortly  Best NG stock. 

Sit tight. Add below $13.
Comment by stockmarket1 on Nov 14, 2023 1:25pm
That is what I'm waiting for. Redistribution of dividends plus cash raising will be deployed at lower prices. Time is on our side so it's well worth it to wait. 
Comment by Sukhi19 on Nov 14, 2023 2:03pm
It may not go to 11.90. Those who bought over $15 will like to average down. Today whole market is up. Only NG stocks are down. Their time will come  Early 2024. Patience and keep taking dividends.