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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

Peyto Exploration & Development Corp > Ex div day oversold.
View:
Post by Dadsaid2 on Oct 31, 2024 7:35pm

Ex div day oversold.

I pickup up some $15 shares.  I thought is was goid value down 45 cents on an 11 cent ex dividend day.  Am l wrong?...GLTA
Comment by stockmarket1 on Oct 31, 2024 11:21pm
Buying on decent dips is never a bad thing as long as you have a long term outlook. I was tempted to buy today but backed off. I'm standing pat until after earnings day. I already have enough shares up to this point. 
Comment by houbahop on Nov 01, 2024 3:59pm
It looks like there will be plenty of cheap PEY shares available in the next couple of weeks. Keep some powder dry.
Comment by stockmarket1 on Nov 01, 2024 4:33pm
100 % and I've been doing just that. Back below $15 again lol.
Comment by houbahop on Nov 01, 2024 7:38pm
Selling $16+ was a wise decision after all... Bought back a few at $15.30 and looking for $14.50, after Nov. 12th Q3 earnings to refill. We'll see.
Comment by stockmarket1 on Nov 04, 2024 9:49am
Anyone here trimming Peyto shares this morning to buy a bit of BCE lol? It;s very tempting tbh,
Comment by Westcoastenergy on Nov 04, 2024 10:17am
Didn't BCE just cancel their dividend???  No thanks.
Comment by stockmarket1 on Nov 04, 2024 12:59pm
They didn't cancel it. They paused the dividend growth for 2025. 
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