RBC Capital Markets reports on PIPE RBC Capital Markets says:
"August 8, 2019
Pipestone Energy Corp.
Q2/19 - On track
Our view: We believe Pipestone is well positioned ahead of a late-year
production ramp with third-party facilities on track for Q3 commissioning.
Given a surplus of drilled wells planned for year-end, we see a strong setup
for 2020 with the potential for upside to our base estimates. Execution
and well performance will continue to be key drivers of future multiple
expansion, in our view.
Price Target CAD 1.85"