Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

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

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Peyto Exploration & Development Corp > I agree Houb

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Post by topdop on Nov 05, 2024 8:11am

I agree Houb

Growing marginal production isn't smart and reducing debt is.

What happens when those net +ve hedges roll off and the opportunities to keep replacing (at beneficial prices) simply aren't available?

PEY should have learned their lessons by now.

Why is it so hard for Management & BoD to figure this out?

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