CALGARY, Alberta, May 12, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (âPeytoâ or the âCompanyâ) (TSX: PEY) herein presents its operating and financial results for the first quarter of the 2020 fiscal year. The unprecedented global pandemic which disrupted world energy demand, in combination with an untimely market share price war amongst certain OPEC+ members, led to severe commodity price volatility in the quarter. Peytoâs industry leading costs structure allowed it to preserve a 55% Operating Margin(1) however both Profit Margin(2), Return on Capital (0%) and Return on Equity (2%) were eroded due to a further 30% drop … Continue Reading