Canada’s Peyto Exploration rebounds in Q1
May 13, 2021 3:45:pm
Summary
by: Dale Lunan
Canadian Deep Basin producer Peyto Exploration & Development said May 12 it had Q1 2021 net earnings of C$38.5mn (US$31.8mn), reversing a year-ago loss of C$67.7mn which included a C$80mn impairment on the value of its reserves.
Funds from operations rose 114%, to C$116.7mn, w.
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