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Last C$8.27 CAD
Change Today -0.02 / -0.24%
Volume 92.4K
PPY On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 10:32 AM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

painted pony petroleum (PPY) Snapshot

Open
C$8.22
Previous Close
C$8.29
Day High
C$8.37
Day Low
C$8.12
52 Week High
08/21/14 - C$14.75
52 Week Low
03/30/15 - C$5.67
Market Cap
824.6M
Average Volume 10 Days
932.6K
EPS TTM
C$0.43
Shares Outstanding
99.7M
EX-Date
--
P/E TM
19.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for PAINTED PONY PETROLEUM (PPY)

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painted pony petroleum (PPY) Details

Painted Pony Petroleum Ltd. explores, develops, and produces petroleum and natural gas resources in the Western Canadian Sedimentary Basin. The company focuses primarily on natural gas and natural gas liquids in northeast British Columbia. As of December 31, 2014, it had interests in 204,206 net acres of land in British Columbia; and 36,583 net acres land in Alberta. Painted Pony Petroleum Ltd. is headquartered in Calgary, Canada.

painted pony petroleum (PPY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$364.0K
Founder and Advisor
Total Annual Compensation: C$249.3K
Chief Financial Officer and Senior Vice-Presi...
Total Annual Compensation: C$274.3K
Senior Vice President of Engineering
Total Annual Compensation: C$268.0K
Vice-President and General Counsel
Total Annual Compensation: C$56.7K
Compensation as of Fiscal Year 2014.

painted pony petroleum (PPY) Key Developments

Painted Pony Petroleum Ltd. Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Production and Financial Guidance for 2015

Painted Pony Petroleum Ltd. announced unaudited earnings and operating results for the first quarter ended March 31, 2015. During the first quarter of 2015, the company generated funds flow from operations of $10.2 million, which represents a 48% decrease over the first quarter of 2014. On a per share basis, the company generated funds flow from operations of $0.10 per share, a decrease of 55% over the results of the first quarter 2014 of $0.22 per share. Decreased funds flow from operations was primarily a result of lower natural gas and natural gas liquids prices received during the quarter, as well as the disposition of higher netback oil production in July 2014, partially offset by higher production volumes, as well as lower royalties and operating costs. During the first quarter of 2015, the company had a net loss of $3.5 million or $0.04 per basic and dilute share primarily due to non-cash depletion and depreciation expense, compared to a net loss of $1.5 million or $0.02 per basic and dilute share in the first quarter of 2014. During the three months ended March 31, 2015 the Corporation invested $48.3 million in exploration and development capital expenditures, including $39.6 million on drilling and completions activity, compared to $45.5 million a year ago. Petroleum and natural gas revenue was $23.6 million against $37.2 million a year ago. Production averaged 16,243 boe/d (97,461 Mcfe/d) in the first quarter of 2015, weighted 93% to natural gas and represented an increase of 67% over the first quarter of 2014, compared to 9,734 boe/d (58,404 Mcfe/d) in the first quarter of 2014. Average NGL production for the first quarter of 2015 was 1,068 bbl/d, up 126% from the first quarter of 2014 production of 473 bbl/d. Production guidance remains unchanged at an average of approximately 16,000 boe/d (96,000 Mcfe/d) for 2015. Due to planned maintenance at the McMahon Gas Plant, production is expected to average approximately 15,500 boe/d (93,000 Mcfe/d) in the second and third quarters, with volumes rising to 17,000 boe/d (102,000 Mcfe/d) in the fourth quarter. The Corporation has approximately 15 MMcf/d of additional volumes behind pipe due to limited processing capacity. The 2015 capital budget remains unchanged at $104 million. During the remainder of 2015, the Corporation intends to drill 8 (8.0 net) Montney horizontal natural gas wells on its 100% working interest lands in the Blair and Townsend areas, of which the majority will be part of the pre-drill program directed towards the AltaGas Townsend Facility.

Painted Pony Petroleum Ltd. Announces Increased Credit Facilities to $325 Million

Painted Pony Petroleum Ltd. announced that on May 13, 2015 the corporation's syndicated credit facilities were increased from $175 million to $325 million made up of a $300 million extendible revolving facility and a $25 million operating facility. Availability under the credit facilities is structured to increase in stages, in line with a pre-determined development schedule associated with the AltaGas Townsend Facility. The current availability is $225 million, increasing to $250 million on April 30, 2016, $275 million on July 31, 2016 and $325 million on October 31, 2016. The credit facilities are provided by a syndicate of six financial institutions led by The Toronto-Dominion Bank and The Bank of Nova Scotia, and including Alberta Treasury Branches, Canadian Imperial Bank of Commerce, HSBC Bank Canada and Wells Fargo Bank. The facilities revolve for a two year period, which is extendible annually after the first two years, subject to syndicate approval.

Painted Pony Petroleum Ltd. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-08-2015 01:45 PM

Painted Pony Petroleum Ltd. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-08-2015 01:45 PM. Venue: Sheraton Centre Hotel, 123 Queen Street West, Toronto, Ontario, Canada. Speakers: Patrick Russel Ward, Chief Executive Officer, President and Director.

 

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Valuation PPY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.1x
Price/Book 1.3x
Price/Cash Flow 21.4x
TEV/Sales -- Not Meaningful
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