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Peyto Exploration & Development Corp. (TSE:PEY – Get Free Report) Director Stephen Jonathan Chetner acquired 5,000 shares of Peyto Exploration & Development stock in a transaction that occurred on Tuesday, October 24th. The stock was acquired at an average cost of C$14.21 per share, with a total value of C$71,050.00. Peyto Exploration & Development Price […]
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The acquisition increases Peyto's production to 123,000 barrels of oil equivalent per day.
Peyto Exploration & Development (TSE:PEY – Get Free Report) had its price objective raised by equities research analysts at BMO Capital Markets from C$13.50 to C$16.00 in a note issued to investors on Wednesday, BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 12.68% from the stock’s current price. Several other brokerages […]
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The half-cash-half-stock transaction will boost production at Tourmaline – already the country’s largest natural gas producer – by roughly 10 per cent, the company says