Impact: Slightly Positive. Peyto's 3Q15 financial results were consistent with our thinking on a production, cash flow, and capital spending basis while the Company's preliminary 2016e budget of between $600-$650 mm to grow production levels to between 110,000-115,000 boe/d exiting the year appears in-line to slightly ahead of our current outlook.
12 Nov 2015
REPORTS Q3 2015 RESULTS IN-LINE WITH EXPECTATIONS, OUTLINES PRELIMINARY 2016E CAPITAL BUDGET AND PRODUCTION TARGETS
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REPORTS Q3 2015 RESULTS IN-LINE WITH EXPECTATIONS, OUTLINES PRELIMINARY 2016E CAPITAL BUDGET AND PRODUCTION TARGETS
Peyto Exploration & Development Corp. (0VCO:LON) | 0 0 (-0.5%) | Mkt Cap: 1,705m
- Published:
12 Nov 2015 -
Author:
Robert Fitzmartyn - Pages:
Impact: Slightly Positive. Peyto's 3Q15 financial results were consistent with our thinking on a production, cash flow, and capital spending basis while the Company's preliminary 2016e budget of between $600-$650 mm to grow production levels to between 110,000-115,000 boe/d exiting the year appears in-line to slightly ahead of our current outlook.