Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Scott Robinson Acquires 5,000 Shares

Peyto Exploration & Development Corp. (TSE:PEYGet Rating) Senior Officer Scott Robinson bought 5,000 shares of the stock in a transaction on Thursday, September 22nd. The shares were purchased at an average price of C$11.45 per share, with a total value of C$57,250.00. Following the acquisition, the insider now owns 516,170 shares in the company, valued at approximately C$5,910,146.50.

Scott Robinson also recently made the following trade(s):

  • On Tuesday, July 12th, Scott Robinson sold 8,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$11.65, for a total value of C$93,200.00.

Peyto Exploration & Development Price Performance

TSE PEY traded down C$1.00 on Friday, hitting C$10.32. The stock had a trading volume of 877,476 shares, compared to its average volume of 894,971. Peyto Exploration & Development Corp. has a 52-week low of C$8.44 and a 52-week high of C$17.13. The company has a debt-to-equity ratio of 70.00, a quick ratio of 0.40 and a current ratio of 0.46. The company has a market capitalization of C$1.76 billion and a price-to-earnings ratio of 6.06. The firm has a 50-day moving average of C$12.65 and a 200-day moving average of C$13.11.

Analyst Ratings Changes

A number of research firms have recently commented on PEY. Scotiabank increased their price objective on shares of Peyto Exploration & Development from C$24.00 to C$25.00 in a research note on Monday. TD Securities decreased their price objective on shares of Peyto Exploration & Development from C$19.00 to C$18.50 and set a “buy” rating on the stock in a research note on Friday, August 12th. National Bankshares decreased their target price on shares of Peyto Exploration & Development from C$19.50 to C$19.00 and set an “outperform” rating on the stock in a research note on Thursday, August 11th. Stifel Nicolaus lifted their price target on shares of Peyto Exploration & Development from C$19.25 to C$19.50 in a report on Friday, August 12th. Finally, CIBC decreased their price target on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Monday, August 22nd. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Peyto Exploration & Development currently has an average rating of “Buy” and an average target price of C$18.71.

About Peyto Exploration & Development

(Get Rating)

Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As of December 31, 2021, it had a total proved plus probable reserves of 904 million barrels of oil equivalent. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.

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