TSE:PEY

Peyto Exploration & Development (PEY) Stock Price, News & Analysis

C$15.46
+0.16 (+1.05%)
(As of 12:51 PM ET)
Today's Range
C$15.25
C$15.52
50-Day Range
C$12.70
C$15.67
52-Week Range
C$10.38
C$15.68
Volume
320,865 shs
Average Volume
785,770 shs
Market Capitalization
C$2.99 billion
P/E Ratio
9.54
Dividend Yield
8.54%
Price Target
C$16.27

Peyto Exploration & Development MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
6.2% Upside
C$16.27 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.48mentions of Peyto Exploration & Development in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
C$1.57 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.23 out of 5 stars

PEY stock logo

About Peyto Exploration & Development Stock (TSE:PEY)

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011. Peyto Exploration & Development Corp. was incorporated in 1997 and is headquartered in Calgary, Canada.

PEY Stock Price History

PEY Stock News Headlines

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5 Tiny Cryptos That Could Soar During 2024 Crypto Bull Run One of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.
PEY:CA Peyto Exploration & Development Corp.
Peyto Delivers Strong Reserves Growth In 2023
John Rossall
Peyto Exploration & Development Corp.
Why Claiming CPP at 60 Could Be a Game-Changer
See More Headlines
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Company Calendar

Today
4/24/2024
Next Earnings (Estimated)
5/08/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
53
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$16.27
High Stock Price Target
C$20.00
Low Stock Price Target
C$13.50
Potential Upside/Downside
+6.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
C$292.64 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$945.51 million
Cash Flow
C$0.14 per share
Book Value
C$14.02 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.96 billion
Optionable
Not Optionable
Beta
1.83
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Key Executives

  • Mr. Jean-Paul H. Lachance (Age 56)
    CEO, President & Director
    Comp: $700.3k
  • Mr. Lee Russell Curran
    Vice President of Drilling & Completions
  • Mr. Riley Millar Frame
    COO & VP of Engineering
  • Lydia Hamaliuk
    Manager of Human Resources
  • Mr. Stephen Jonathan Chetner (Age 57)
    Corporate Secretary
    Comp: $33.6k
  • Mr. Tavis Aaron Carlson CA
    Vice President of Finance

PEY Stock Analysis - Frequently Asked Questions

Should I buy or sell Peyto Exploration & Development stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PEY shares.
View PEY analyst ratings
or view top-rated stocks.

What is Peyto Exploration & Development's stock price target for 2024?

11 equities research analysts have issued 12-month price targets for Peyto Exploration & Development's stock. Their PEY share price targets range from C$13.50 to C$20.00. On average, they expect the company's stock price to reach C$16.27 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for PEY
or view top-rated stocks among Wall Street analysts.

How have PEY shares performed in 2024?

Peyto Exploration & Development's stock was trading at C$12.04 on January 1st, 2024. Since then, PEY shares have increased by 27.2% and is now trading at C$15.32.
View the best growth stocks for 2024 here
.

When is Peyto Exploration & Development's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our PEY earnings forecast
.

How often does Peyto Exploration & Development pay dividends? What is the dividend yield for Peyto Exploration & Development?

Peyto Exploration & Development announced a monthly dividend on Friday, October 13th. Investors of record on Tuesday, October 31st will be paid a dividend of 0.11 per share on Wednesday, November 15th. This represents a $1.32 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend is Monday, October 30th.
Read our dividend analysis for PEY
.

Is Peyto Exploration & Development a good dividend stock?

Peyto Exploration & Development (TSE:PEY) pays an annual dividend of C$1.32 per share and currently has a dividend yield of 8.85%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.48%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PEY.

What other stocks do shareholders of Peyto Exploration & Development own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Peyto Exploration & Development investors own include Tourmaline Oil (TOU), Seven Generations Energy (VII), Whitecap Resources (WCP), Inter Pipeline (IPL), Crescent Point Energy (CPG), ARC Resources (ARX), Enbridge (ENB), BCE (BCE), Pembina Pipeline (PPL) and Aurora Cannabis (ACB).

How do I buy shares of Peyto Exploration & Development?

Shares of PEY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PEY) was last updated on 4/24/2024 by MarketBeat.com Staff

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