Peyto Exploration & Development Corp. (OTCMKTS:PEYUF – Get Free Report)’s share price dropped 3% during trading on Friday . The stock traded as low as $16.75 and last traded at $16.75. 107,146 shares were traded during trading, a decline of 9% from the average session volume of 117,127 shares. The stock had previously closed at $17.27.
Peyto Exploration & Development Price Performance
The business’s 50-day moving average is $18.06 and its 200 day moving average is $18.24.
Peyto Exploration & Development Company Profile
Peyto Exploration & Development Corp. is a Calgary-based Canadian energy company engaged in the exploration, development and production of natural gas and natural gas liquids. The company focuses on exploiting liquids-rich natural gas opportunities in the Deep Basin and Brazeau areas of west central Alberta. Peyto’s integrated business model encompasses land acquisition, well planning, drilling, completion and production operations, supported by in-house technical, engineering and operations teams.
Since its incorporation in 1998, Peyto has concentrated its activities entirely within Alberta’s prolific Montney, Falher and Notikewin formations.
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