Peyto Exploration & Development (PEYUF) Projected to Announce Earnings on Monday

Peyto Exploration & Development (OTCMKTS:PEYUF) is expected to announce its results after the market closes on Monday, November 9th. Analysts expect Peyto Exploration & Development to post earnings of $0.2786 per share and revenue of $230.84 million for the quarter.

Peyto Exploration & Development Stock Performance

OTCMKTS PEYUF opened at $18.41 on Monday. The company’s 50-day moving average price is $17.55 and its 200-day moving average price is $18.18. Peyto Exploration & Development has a 12 month low of $14.26 and a 12 month high of $21.26.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Peyto Exploration & Development in a research report on Friday, October 9th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Peyto Exploration & Development

Peyto Exploration & Development Corp. is a Canadian energy company focused on the exploration, development and production of natural gas and natural gas liquids. The company also owns and operates related gathering, processing and transportation infrastructure used to move its production to market.

Peyto’s operations are concentrated in Alberta’s Deep Basin, part of the Western Canada Sedimentary Basin. Its activities include drilling and completing wells, developing natural gas reserves and managing an integrated network of field facilities and processing assets.

Founded in 1998, Peyto has built its business around developing long-life natural gas resources in western Canada.