Painted Pony Pete Ltd PDPYF

Energy

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr

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Painted Pony Pete Ltd

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Comment by Roberto8024on Aug 27, 2013 9:08am

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Post# 21700075

RE:Coverage Initiated

https://www.watchlistnews.com/2013/08/27/painted-pony-petroleum-now-covered-by-analysts-at-paradigm-capital-ppy/

Stock analysts at Paradigm Capital started coverage on shares of Painted Pony Petroleum (CVE:PPY) in a report issued on Monday, Stock Ratings Networkreports. The firm set a “buy” rating and a C$13.00 price target on the stock. Paradigm Capital’s target price would suggest a potential upside of 63.11% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of Painted Pony Petroleum from C$18.00 to C$16.00 in a research note to investors on Monday, July 22nd.

Painted Pony Petroleum Ltd. is engaged in the exploration, development and production of petroleum and natural gas resources.