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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Energy Oil & Gas E&P
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 > Hopefully gas prices have bottomed and are on the way to $3
View:
Post by OGInvest0r on Dec 18, 2023 9:58am

Hopefully gas prices have bottomed and are on the way to $3

PEY should be north of 12.50 any day now. Those who called for 10 bucks a share should be disappointed :)
Comment by houbahop on Dec 18, 2023 3:52pm
I did mentioned there is a big support in the vicinities of $10. I also said I was way long PEY and I would gladly add some more shares at that level. How someone already long would be disappointed? Could it be because he didn't by the latest dip? This would be a recipe for failure, imo. Nothing has changed in the fragility of the Natgas market. A test of the $10 level is still in the ...more  
Comment by stockmarket1 on Dec 19, 2023 8:47am
3$ dollar Nat gas won't be achieved later into 2024 imo. Long way off still. It's not our time yet. 
Comment by CJInvestor on Dec 19, 2023 11:43am
Hey gas was 2.60 just yesterday morning so 3 bucks could be any month now. 
Comment by stockmarket1 on Dec 19, 2023 3:18pm
Dropped below that to $2.50 today.  More down than up. For now
Comment by stockmarket1 on Dec 19, 2023 8:40am
I wouldn't rule out $10 range just yet. Lots of supply still, Nat Gas price is still depressed and weather is pretty warm still. Best bet is to wait for Peytos next earnings date.
Peyto Exploration & Development Corp