OTCPK:PDPYF - Post by User
Post by
witekon Jan 03, 2017 8:50pm
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Post# 25664174
PPY target price
PPY target price Top intermediate natural gas stock picks for 2017
If natural gas prices are in for an expected multi-year bullish price run, then a handful of Canadian gas producers could go along for the ride. In investment bank GMP FirstEnergy’s latest stock price estimates for intermediate oil and gas exploration and production companies, four of the top five picks are gas-weighted producers. The firm released two updated lists of stock price estimates on Thursday, both of which show gas weighted producers offering the highest 12-month expected return.
- Tourmaline Oil and Gas. (Gas producer) Price: $36.13. Price target: $57.50. Implied 12-month total return, including dividends: 59.1 per cent.
- Painted Pony Petroleum Ltd. (Gas producer) Price: $9.22 Price target: $14.50. Return: 57.3 per cent.
- Birchcliff Energy Ltd. (Gas producer) Price: $9.24 Price target: $14.25. Return: 55.3 per cent.
- Peyto Exploration and Development Corp. (Gas producer) Price: $33.38. Price target: $48.25. Return: 48.5 per cent.
- Baytex Energy Corp. (Heavy oil producer) Price: $6.64. Price target: $9.50. Return: 43.1 per cent.
Financial Post
https://business.financialpost.com/investing/outlook-2017/forget-oil-why-natural-gas-could-be-poised-for-even-bigger-things-in-2017?__lsa=e97f-f871
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