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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

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

C$12.51
-0.18 (-1.42%)
(As of 11/30/2023 ET)
Compare
Today's Range
C$12.46
▼
C$12.90
50-Day Range
C$12.45
▼
C$15.04
52-Week Range
C$10.38
▼
C$15.20
Volume
1.49 million shs
Average Volume
1.17 million shs
Market Capitalization
C$2.41 billion
P/E Ratio
6.95
Dividend Yield
10.55%
Price Target
C$16.78
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades

Peyto Exploration & Development MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
34.1% Upside
C$16.78 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.01mentions of Peyto Exploration & Development in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$323,258 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.06 out of 5 stars

See Top Rated MarketRank™ Stocks Here

PEY stock logo

About Peyto Exploration & Development Stock (TSE:PEY)

Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, 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 founded in 1998 and is headquartered in Calgary, Canada.

PEY Stock Price History

PEY Stock News Headlines

November 24, 2023 | americanbankingnews.com
Peyto Exploration & Development (TSE:PEY) Share Price Crosses Above 200 Day Moving Average of $12.34
November 7, 2023 | markets.businessinsider.com
Peyto Exploration Development earnings: here's what Wall Street expects
December 1, 2023 | DTI Trader (Ad)
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October 20, 2023 | markets.businessinsider.com
Canaccord Genuity Maintains a Buy Rating on Peyto Exploration & Dev (PEY)
October 20, 2023 | msn.com
Peyto Exploration & Development: Secure Dividend Is A Differentiator
October 18, 2023 | finance.yahoo.com
Canadian Investment Regulatory Organization Trading Halt - PEY.R
October 17, 2023 | finance.yahoo.com
Peyto Announces Closing of Repsol Acquisition, Exchange of Subscription Receipts Into Common Shares, an Issuance of Senior Secured Notes and Appointment of New Director
October 11, 2023 | markets.businessinsider.com
Peyto Exploration & Dev (PEY) Gets a Hold Rating from RBC Capital
December 1, 2023 | Tomorrow Investor (Ad)
The Only Practical Solution to the World’s Looming Energy Crisis
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October 10, 2023 | theglobeandmail.com
Tuesday’s TSX breakouts: This energy stock is forming a bullish ‘golden cross’ pattern
October 6, 2023 | investing.com
Peyto Exploration & Development (PEYr)
September 27, 2023 | markets.businessinsider.com
Peyto Exploration & Dev (PEY) Got Some Good News
September 27, 2023 | baystreet.ca
TSX Stumbles Along Noon Hour Wednesday
September 27, 2023 | markets.businessinsider.com
Peyto Exploration & Dev (PEY) Receives a Buy from Scotiabank
September 27, 2023 | finance.yahoo.com
Peyto Exploration & Development Corp. (TSE:PEY) Shares Could Be 30% Below Their Intrinsic Value Estimate
September 19, 2023 | theglobeandmail.com
September stock sale deluge drives hopes that Canada’s capital markets are bouncing back
September 7, 2023 | baystreet.ca
TSX Futures Flat
September 7, 2023 | finance.yahoo.com
Peyto Announces Increase to Previously Announced Bought Deal Offering to C$175 Million
September 7, 2023 | finanznachrichten.de
Peyto Exploration To Buy Repsol Canada Energy For $468 Mln Cash
September 7, 2023 | marketwatch.com
Repsol to Sell Canadian Assets to Peyto for $468 Mln
September 6, 2023 | msn.com
Peyto to buy Repsol's Canada unit for $468 million
September 6, 2023 | reuters.com
Peyto to buy Repsol's Canada unit for $468 mln
August 31, 2023 | fool.com
Peyto Exploration & Development (TSX: PEY)
August 12, 2023 | finance.yahoo.com
Need To Know: The Consensus Just Cut Its Peyto Exploration & Development Corp. (TSE:PEY) Estimates For 2023
August 9, 2023 | markets.businessinsider.com
Peyto Exploration & Dev (PEY) Receives a Hold from RBC Capital
July 21, 2023 | finance.yahoo.com
Peyto Exploration & Development (TSE:PEY) shareholders have earned a 85% CAGR over the last three years
July 14, 2023 | markets.businessinsider.com
Peyto Exploration & Dev (PEY) Receives a Hold from Raymond James
See More Headlines
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Company Calendar

Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Ex-Dividend for 11/15 Dividend
10/30/2023
Dividend Payable
11/15/2023
Today
11/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
Current Symbol
TSE:PEY
CUSIP
N/A
CIK
N/A
Web
www.peyto.com
Phone
+1-403-2378911
Fax
N/A
Employees
53
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$16.78
High Stock Price Target
C$23.00
Low Stock Price Target
C$13.50
Potential Upside/Downside
+34.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.80
Trailing P/E Ratio
6.95
Forward P/E Ratio
5.24
P/E Growth
-0.46
Net Income
C$318.28 million
Net Margins
30.09%
Pretax Margin
N/A
Return on Equity
15.56%
Return on Assets
7.27%

Debt

Debt-to-Equity Ratio
40.27
Current Ratio
1.07
Quick Ratio
0.32

Sales & Book Value

Annual Sales
C$1.06 billion
Price / Sales
2.27
Cash Flow
C$0.11 per share
Price / Cash Flow
112.05
Book Value
C$13.01 per share
Price / Book
0.96

Miscellaneous

Outstanding Shares
192,550,000
Free Float
N/A
Market Cap
C$2.41 billion
Optionable
Not Optionable
Beta
1.99
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Key Executives

  • Mr. Jean-Paul H. Lachance (Age 56)
    CEO, President & Director
    Comp: $700.3k
  • Ms. Kathy Turgeon CA (Age 61)
    VP & CFO
    Comp: $509.6k
  • Mr. Lee Russell Curran
    Vice President of Drilling & Completions
  • Lydia Hamaliuk
    Manager of Human Resources
  • Mr. Stephen Jonathan Chetner (Age 56)
    Corporate Secretary
    Comp: $33.6k
  • Riley Millar Frame
    Vice President of Engineering
  • Mr. Tavis Aaron Carlson CA
    Vice President of Finance

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














PEY Stock Analysis - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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?

10 brokerages have issued 12 month price targets for Peyto Exploration & Development's shares. Their PEY share price targets range from C$13.50 to C$23.00. On average, they predict the company's stock price to reach C$16.78 in the next twelve months. This suggests a possible upside of 34.1% 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 2023?

Peyto Exploration & Development's stock was trading at C$13.87 on January 1st, 2023. Since then, PEY shares have decreased by 9.8% and is now trading at C$12.51.
View the best growth stocks for 2023 here.

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

Peyto Exploration & Development declared a monthly dividend on Friday, October 13th. Shareholders 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 yield of 10.55%. The ex-dividend date 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 10.22%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.33%. This payout ratio is at a healthy, sustainable level, below 75%.
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 12/1/2023 by MarketBeat.com Staff

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