RBC Capital analyst Michael Harvey maintained a Hold rating on Peyto Exploration & Dev on October 6. The company’s shares closed yesterday at C$19.78.
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Harvey covers the Energy sector, focusing on stocks such as ARC Resources, Whitecap Resources, and Birchcliff Energy. According to TipRanks, Harvey has an average return of 17.6% and a 58.33% success rate on recommended stocks.
Peyto Exploration & Dev has an analyst consensus of Moderate Buy, with a price target consensus of C$22.20.
Based on Peyto Exploration & Dev’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$259.75 million and a net profit of C$87.83 million. In comparison, last year the company earned a revenue of C$188.54 million and had a net profit of C$51.44 million
Based on the recent corporate insider activity of 151 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PEY in relation to earlier this year.
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- Peyto Exploration price target lowered to C$21 from C$23 at TD Securities
- Peyto Exploration’s Earnings Call Highlights Growth and Strategy
- Peyto Exploration & Development Corp. Confirms August Dividend
- Strategic Advantages and Financial Stability Drive Buy Rating for Peyto Exploration & Dev
- Peyto Reports Strong Q2 2025 Results with Increased Production and Debt Reduction
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