Peyto Exploration & Dev (TSE:PEY) has released an update.
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Peyto Exploration & Development reported strong third-quarter results with a significant increase in production volumes, driven by the acquisition of Repsol Canada Energy Partnership assets. The company effectively utilized hedging strategies to protect revenues amid declining natural gas prices, while also maintaining low operating costs and planning significant capital expenditures for 2025.
For further insights into TSE:PEY stock, check out TipRanks’ Stock Analysis page.
