Stephen Jonathan Chetner Purchases 6,500 Shares of Peyto Exploration & Development Corp (PEY) Stock

Peyto Exploration & Development Corp (TSE:PEY) Director Stephen Jonathan Chetner acquired 6,500 shares of Peyto Exploration & Development Corp stock in a transaction on Thursday, November 16th. The shares were purchased at an average cost of C$16.65 per share, with a total value of C$108,225.00.

Stephen Jonathan Chetner also recently made the following trade(s):

  • On Tuesday, October 17th, Stephen Jonathan Chetner sold 10,000 shares of Peyto Exploration & Development Corp stock. The shares were sold at an average price of C$18.88, for a total value of C$188,800.00.

Peyto Exploration & Development Corp (TSE PEY) traded down C$0.35 during trading hours on Friday, reaching C$16.27. The company had a trading volume of 2,148,400 shares, compared to its average volume of 655,856. Peyto Exploration & Development Corp has a 12 month low of C$16.06 and a 12 month high of C$35.64.

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Several brokerages have weighed in on PEY. Scotiabank reduced their price objective on Peyto Exploration & Development Corp from C$33.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, November 9th. Royal Bank Of Canada reduced their price objective on Peyto Exploration & Development Corp from C$34.00 to C$30.00 and set an “outperform” rating for the company in a report on Friday, August 11th. BMO Capital Markets lowered Peyto Exploration & Development Corp from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from C$30.00 to C$23.00 in a report on Tuesday, October 10th. Barclays PLC reduced their price objective on Peyto Exploration & Development Corp from C$30.00 to C$26.00 in a report on Monday, July 24th. Finally, National Bank Financial reduced their price objective on Peyto Exploration & Development Corp from C$29.00 to C$22.00 and set an “outperform” rating for the company in a report on Friday, October 13th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$28.10.

Peyto Exploration & Development Corp 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 Corp (TSE:PEY)

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