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PEYUF - Peyto Stock Remains A Worthwhile Gamble On Stronger Commodity Prices
June, 17 2021 10:34 AM
Peyto Exploration & Development Corp
Natural gas and oil prices have risen since Q1 2021 and futures markets suggest they will remain firm for the balance of the year. Peyto's low-cost base and high capital efficiencies allow the company to add production quickly when prices are firm. I estimate Q2 operating cash flow will exceed a CAD$500 million annual run rate and debt will fall sharply in the quarter. For further details see:
Peyto Stock Remains A Worthwhile Gamble On Stronger Commodity Prices
Stock Information
Company Name:
Peyto Exploration & Development Corp
Stock Symbol:
PEYUF
Market:
OTC
Website:
peyto.com
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