He thinks natural gas will be the energy of the future. He is not an energy expert. He has gone with Peyto. Consider taking small positions when there are big market down days. But they must be good companies that will survive. 7 out of 10 of these companies may go under. Think of them as call options.
They produce 96% natural gas, trying to diversify. They're the lowest-cost operator in North America, but drilling is uneconimical now. LNG is a long way off. Avoid this.
Peyto Exploration & Develop. is a Canadian stock, trading under the symbol PEY-T on the Toronto Stock Exchange (PEY-CT). It is usually referred to as TSX:PEY or PEY-T
In the last year, 3 stock analysts published opinions about PEY-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Peyto Exploration & Develop..
Peyto Exploration & Develop. was recommended as a Top Pick by on . Read the latest stock experts ratings for Peyto Exploration & Develop..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Peyto Exploration & Develop. In the last year. It is a trending stock that is worth watching.
On 2023-03-23, Peyto Exploration & Develop. (PEY-T) stock closed at a price of $12.55.
LNG Canada is bringing a significant export opportunity for all Canadian nat gas companies towards the end of 2025. This will be transformational. He likes all Canadian nat gas producers on a volume basis. His preference is ARX, as it's diversified with undeveloped land. Prefers PEY to BIR; management is stronger, though its dividend will be subject to commodity prices, can grow production long-term.