Scott Robinson Sells 20,000 Shares of Peyto Exploration & Development Corp (PEY) Stock

Peyto Exploration & Development Corp (TSE:PEY) insider Scott Robinson sold 20,000 shares of the business’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of C$12.00, for a total transaction of C$240,000.00.

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

  • On Friday, December 15th, Scott Robinson sold 30,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$14.33, for a total transaction of C$429,900.00.

Peyto Exploration & Development Corp (TSE:PEY) traded up C$0.22 during trading on Monday, reaching C$12.25. 1,543,437 shares of the company were exchanged, compared to its average volume of 1,561,279. The stock has a market capitalization of $2,040.00, a P/E ratio of 12.37 and a beta of 0.15. Peyto Exploration & Development Corp has a 52 week low of C$11.66 and a 52 week high of C$30.44.

Peyto Exploration & Development (TSE:PEY) last announced its earnings results on Wednesday, November 8th. The company reported C$0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.20 by C$0.07. Peyto Exploration & Development had a net margin of 30.65% and a return on equity of 10.84%.

The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Tuesday, January 30th. Peyto Exploration & Development’s dividend payout ratio is currently 133.33%.

PEY has been the topic of several research analyst reports. Eight Capital lowered their target price on shares of Peyto Exploration & Development from C$16.25 to C$15.15 in a report on Friday, January 12th. Barclays lowered their target price on shares of Peyto Exploration & Development from C$19.00 to C$14.00 in a report on Monday, January 15th. CSFB decreased their price target on shares of Peyto Exploration & Development from C$16.00 to C$14.00 in a research note on Friday, January 12th. TD Securities upped their price target on shares of Peyto Exploration & Development from C$23.00 to C$25.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Finally, BMO Capital Markets downgraded shares of Peyto Exploration & Development from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$30.00 to C$23.00 in a research note on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of C$16.47.

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Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp is a Canada-based energy company. The Company is engaged in acquisition, exploration, development and production of oil and natural gas in Western Canada. Its portfolio of assets includes exploration, exploitation and development opportunities located primarily in the Deep Basin of Alberta.

Insider Buying and Selling by Quarter for Peyto Exploration & Development (TSE:PEY)

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