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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.


TSX:PEY - Post by User

Comment by stockmarket1on Mar 08, 2024 12:49pm
151 Views
Post# 35923055

RE:cibc analyst: target C$16 outperform down from $18 nov 8

RE:cibc analyst: target C$16 outperform down from $18 nov 8CIBC 16 to 18 month target price is really not too far off from where we currenty are-- $14.80. We're entering the weekend so, I think we'll get a better direction where Peyto will trade in coming weeks. 

I'm still expecting this to pull back at some point. I thought we'd be above $15 by now but, nope!! Might be a signal that the stock is getting a bit tired. 
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