Impact: Postive. Peyto announced solid 4Q15 results that were ahead of our production and cash flow expectations. The Company also offered an updated 2016e outlook that included a reduced capital program, citing improved capital efficiencies, that will likely prompt upward revisions to our proforma estimates.
03 Mar 2016
ANNOUNCES STRONG 2015 FINANCIAL RESULTS
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ANNOUNCES STRONG 2015 FINANCIAL RESULTS
Peyto Exploration & Development Corp. (0VCO:LON) | 0 0 (-0.5%) | Mkt Cap: 1,705m
- Published:
03 Mar 2016 -
Author:
Robert Fitzmartyn -
Pages:
3
Impact: Postive. Peyto announced solid 4Q15 results that were ahead of our production and cash flow expectations. The Company also offered an updated 2016e outlook that included a reduced capital program, citing improved capital efficiencies, that will likely prompt upward revisions to our proforma estimates.