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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 stockmarket1 on Sep 23, 2024 12:55pm

Share price...

Can't stay above $15. No strength.  Buy below $15 sell above $15. Simple.
Comment by houbahop on Sep 23, 2024 2:20pm
Yep, but... Buy below $14 and sell over $15. Only, next time, based on a 1-year chart, it looks like a close around $15.25 could bring PEY to a retest of the $16 high. The question is, will it go there? We'll see...
Comment by stockmarket1 on Sep 23, 2024 4:24pm
Unless Nat Gas surges above $3 and Peytos next earnings report is a blow out. Then yes, $16 +.  Well see you said. 
Comment by Dadsaid2 on Sep 23, 2024 4:46pm
Of note NGas up nicely to $2.64.  Thats up 40cents in a couple weeks.  I think PEY $ 16 is highly likely based on increased NGas prices lije this.  Comhents welcome...GLTA
Comment by stockmarket1 on Sep 24, 2024 4:02pm
Share price closes below $15 lol. Shocked??? Absolutely not! The positive? I'm raising a boat load of cash for when this dips good.  Sidelines still Maybe until after the elections?  G/L
Comment by Westcoastenergy on Sep 24, 2024 6:13pm
Whatever....eye roll. You have been saying that for months. I would suggest the vast majority, probably 95%, are not interested in day trading PEY (really, why would anyone do that?) but just sit back comfortably and collect the lucrative, monthly dividend. I rarely follow the share price as this is a very long hold for me with better news ahead in the next few years with natural gas pricing.
Comment by stockmarket1 on Sep 24, 2024 8:51pm
You're right. I have been saying this for months. Raising cash lol.  Side note...I am enjoying the monthly dividend and a juicy deposits. I've held Peyto since 2021 and plan on holding on to it too. I prefer to buy on nice dips and gain more shares. I don't see anything wrong with that? Nice to see Nat Gas finally climbing as of late.  G\L
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