Peyto Exploration & Devel (PEY) has notable insider buying

Peyto Exploration & Devel (T:PEY)

Jean-Paul Henri Lachance, a Senior Officer, acquired 9,500 Common Shares on a direct ownership basis at a price of $11.100 through the public market on July 5th, 2022. This represents a $105,450 investment into the company's shares and an account share holdings change of 3.5%.

Peyto Exploration & Development Corp is a Canada-based oil and natural gas company. The Company conducts exploration, development, and production activities in Canada. It is involved in the development and production of natural gas and oil and natural gas liquids in Alberta's deep basin. The Company is focused on exploring and developing the sweet, liquids-rich, natural gas resources trapped in basin. Its production is weighted approximately 88% to natural gas and approximately 12% to oil and natural gas liquids.