Peyto: Giving Lessons In How To Hedge
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Peyto's hedging strategy has allowed it to achieve significantly higher prices for its products, mitigating market volatility and minimizing profit declines in the third quarter.
November 22, 2024 | 11:30 pm
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Peyto's hedging program has enabled it to achieve a price of C$2.95 per MCF, nearly four times the market price, which helped minimize profit declines in the third quarter.
Peyto's hedging strategy has proven effective in achieving higher prices and minimizing profit declines, which is likely to positively impact investor sentiment and the stock price in the short term.
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