Post by
NonCredibleSrc on Mar 27, 2024 3:53pm
Not what I expected today...
Ex-div date AND NG down (for may) but PEY up - err OK - not complaining...
Comment by
stockmarket1 on Mar 28, 2024 12:30pm
Yes, but, it's sure frustrating seeing Peyto not breaking above $15 a share!! I know Nat gas isn't surging whatnot but....it sure seems like they want to keep this below $15. 1 month and year today the return has been stellar. I'm not sure how much more steam this has? Short term wise, anyway. It be nice to see this go above $15 and stay.
Comment by
Singoa58 on Mar 28, 2024 12:41pm
Considering they diluted their shares 10-11 natty gas is abundant and not profitable so I think will trade between 11-15 for the next year
Comment by
Westcoastenergy on Mar 28, 2024 3:52pm
The dividend is the highest in the industry. I can't complain if that is the base return. Share appreciation is simply icing on the cake. They have hedged much of their production out so the dividend is looking safe. Great returns.