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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 Windsorman on Jan 04, 2024 4:43pm

Forecast

Exremely cold latter part of January even in the US. Check the forecast. GLTA
Comment by liljohnnyjoke on Jan 05, 2024 8:38am
A couple of relatively colder last couple of days and NG price spiked up, now they are already taking NG futures back down today (-10c now) as it looks warmer again until mid month at least 
Comment by CJInvestor on Jan 05, 2024 8:59am
We don't move exactly with spot prices. Look at yesterday for example. Gas up 5 percent we were up 0. We are 70 percent hedged for 24 months so PEY will continue to do its own thing mostly at the mercy of the in and out flows of money to the entire OG sector. 
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