Raymond James Reaffirms “Hold” Rating for Painted Pony Energy (OTCMKTS:PDPYF)

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Raymond James reissued their hold rating on shares of Painted Pony Energy (OTCMKTS:PDPYF) in a research report sent to investors on Thursday morning, TipRanks reports.

Shares of OTCMKTS PDPYF opened at $0.66 on Thursday. The firm has a 50-day moving average of $0.78. Painted Pony Energy has a 52-week low of $0.66 and a 52-week high of $2.75. The firm has a market capitalization of $106.95 million, a price-to-earnings ratio of 4.52 and a beta of 1.40.

Painted Pony Energy (OTCMKTS:PDPYF) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $81.00 million for the quarter. Painted Pony Energy had a net margin of 3.02% and a return on equity of 3.31%.

Painted Pony Energy Company Profile

Painted Pony Energy Ltd. engages in the exploration, development, and production of petroleum and natural gas resources in Western Canada. It focuses primarily on the development and production of natural gas and natural gas liquids from the Montney formation in northeast British Columbia. The company was formerly known as Painted Pony Petroleum Ltd.

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