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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 > Hope is not a strategy.
View:
Post by earlybird_787 on Jan 03, 2024 6:12pm

Hope is not a strategy.

Very good President's Report for Jan. 2024.

https://www.peyto.com/Files/PMReport/2024/PMR_Jan2024.pdf

Comment by Ganga22 on Jan 03, 2024 7:07pm
"The current fixed revenue for 2024 is enough to pay for our contemplated 2024 capital program and our dividend. Couple that with our industry leading cash costs, means Peyto has insulated itself from very low prices, if that is what is in store for 2024."
Comment by pkrash on Jan 03, 2024 11:54pm
2024 capex and divi covered by hedges. Don't own enough PEY.