Q: Peter and Team,
Can you talk to Peyto Exploration PEY? I've held this since they took over Open Range and added since then. Its 3.3% of my portfolio at today's prices. I have a decent profit in it and still like it very much and am a bull on gas. I just want to get a feeling if it is outrageously expensive here or if I am missing something or should I follow my gut and keep hanging on. They seemed to report nice profits net of all costs and they seem to have some prime real-estate for west coast LNG should it ever happen.
Thoughts?
Can you talk to Peyto Exploration PEY? I've held this since they took over Open Range and added since then. Its 3.3% of my portfolio at today's prices. I have a decent profit in it and still like it very much and am a bull on gas. I just want to get a feeling if it is outrageously expensive here or if I am missing something or should I follow my gut and keep hanging on. They seemed to report nice profits net of all costs and they seem to have some prime real-estate for west coast LNG should it ever happen.
Thoughts?