Peyto Exploration & Development Corp T.PEY

Nice hedges, where's all the complainers? 🤷

[malx1]

What happened to the big song and dance about hedges?    

Looks like real heroes hedge their production.     

All quiet about that now.

[ElJ]

malx1,                On the business strategy of Hedging by Peyto, I provide the following simple picture that might be interesting or useful to BBoard colleagues: .........................Peyto...................Peyto..................Earnings                          Hedges   

[houbahop]

Hi EIJ, Txs for this table resuming the impact of hedges on earniings, and eventually, cash flows and dividends. I would like to pinpoint you might want to consider earnings before taxes since these hedges profit/loss must be before taxes, unless I am wrong?

[malx1]

Said it a while back, the ol dividend level here feels stretched.   Set it at $0.05, maybe $0.06, provides way more flexibility for the business. Debt is a lingering concern. Just because you bought a flat of beer, doesn't mean you need to drink 12 the first day.