Peyto Exploration & Development (PEYUF) Expected to Post Quarterly Earnings on Monday

Peyto Exploration & Development (OTCMKTS:PEYUF) will likely be announcing its results after the market closes on Monday, November 9th. Analysts expect the company to announce 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. Peyto Exploration & Development has a one year low of $14.26 and a one year high of $21.26. The firm has a 50-day simple moving average of $17.55 and a 200-day simple moving average of $18.18.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Peyto Exploration & Development in a research note on Friday, October 9th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Peyto Exploration & Development currently has a consensus 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.