Analyst Ratings For Painted Pony Petroleum Ltd (TSE:PPY)
Today, CIBC lowered its price target on Painted Pony Petroleum Ltd (TSE:PPY) to C$8.50 per share.
There are 6 buy ratings on the stock.
The current consensus rating on Painted Pony Petroleum Ltd (TSE:PPY) is Buy (Score: 3.00) with a consensus target price of C$11.55 per share, a potential .
Some recent analyst ratings include
- 2/28/2017-Scotiabank Reiterated Rating of Outperform.
- 2/28/2017-Royal Bank of Canada Reiterated Rating of Outperform.
About Painted Pony Petroleum Ltd (TSE:PPY)
Painted Pony Petroleum Ltd. is a natural gas company in Western Canada. The Company’s principal business activity is the exploration, development and production of petroleum and natural gas resources in western Canada. It is focused on the development of natural gas and natural gas liquids from the Montney formation in Northeast British Columbia. It has approximately 220 net sections of working interest Montney rights, which contains over 300 meters (approximately 1,000 feet) of over-pressured, gas-saturated pay. Its working interest, contiguous land block covers over 139,000 net acres of Montney rights. Its Montney gas is used for liquefied natural gas (LNG) exports. It has over 110 million cubic feet per day (MMcf/d) of existing processing capacity, including working interest facilities at Townsend and West Blair; an operating working interest facility at Daiber, and capacity at third-party owned and operated facilities. Painted Rock Resources Ltd. is the Company’s subsidiary.
Recent Trading Activity for Painted Pony Petroleum Ltd (TSE:PPY)
Shares of Painted Pony Petroleum Ltd closed the previous trading session at 6.42 down -0.18 -2.73% with 1,302,285 shares trading hands.