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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 GregC24 on Nov 13, 2024 11:44am

Conf Call Q&A

Cascade gas price:  contract is confidential.  Won't disclosed relized price for this.
Debt:  Plan on reducting debt in Q4
Business plan tested $1-$1.50 AECO average for 12 months.  Would hit lower end of guidance and still pay down debt in that scenario.  Difficult to see scenario where they would pull back significantly.
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