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Peyto Reports Increase in Q2 Adjusted Earnings YoY

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Peyto Exploration & Development (PEY.TO) reported second-quarter adjusted earnings of C$105.0 million, or C$0.50 per share, up from C$84.9 million, or C$0.42 per share.

Analysts polled by FactSet expected C$0.50, with one analyst reporting.

Natural gas and NGL sales were C$347.8 million, up from C$307.0 million.

Analysts expected C$331.5 million, with one analyst reporting.

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