Q: Peyto is on a significant run this past week compared to its peers. Can you shed any light/opinion on the positive performance?
5i Research Answer:
PEY has risen six days in a row, and last week rose about 3.6%. It reported earnings, with production up 14% to 120,002 boe/day, and EPS beat estimates. Cash flow was strong at $1.05 per share and free cash flow was free cash flow was $85M. There was no other news.