Comment by
stockmarket1 on Apr 25, 2024 9:12pm
Eric Nuttall, as well, has a similar Nat Gas price estimate of $4 for 2025. If that price does come to fruition. PEYTO should easily hit $20 a share, I would think.
Comment by
bttmfischer on Apr 27, 2024 10:15am
Peyto may hit $20, but as they are heavily into hedging, the 4 dollar NG price might not be as influential as itnormally would be.
Comment by
malx1 on Apr 27, 2024 1:07pm
lol the hedge experts are back..................................... Reason why PEY is riding high is Repsol and hedge book. Cool your jets, buy a lemonade, collect some coins while we wait for NG demand to rise.
Comment by
malx1 on Apr 27, 2024 1:25pm
Nobody smarter than Nuttall. Best in Canada. Pierre Lassonde? Maybe. But he's a Gold Bug
Comment by
ckwong on Apr 30, 2024 6:18am
I checked the record, in 1994, NG is about U$4. Now is U$2. No inflation? Of course not. If you count 3% inflation, the current NG price would be about U$4. Assume PEY does not change the production volume but the U$2 extra will add a lot of $$$$ to the bottom line.
Comment by
houbahop on Apr 30, 2024 7:17am
Since 1994, productivity in extracting gas has improved tenfold.
Comment by
Singoa58 on Apr 30, 2024 11:39am
A lot of ifs Glut of natty gas expected to last a decade
Comment by
NGinGWN on Apr 29, 2024 2:51pm
That $4 price prediction for 2025 is certainly consistent with current AECO futures pricing AECO gas prices