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China's 1st domestically made passenger plane completes maiden commercial flight
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In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
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EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:PEY

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

C$11.32
-0.03 (-0.26%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$11.28
C$11.45
50-Day Range
C$11.02
C$12.95
52-Week Range
C$9.71
C$17.13
Volume
740,335 shs
Average Volume
1.37 million shs
Market Capitalization
C$1.98 billion
P/E Ratio
5.19
Dividend Yield
11.66%
Price Target
C$17.29

Peyto Exploration & Development MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
52.7% Upside
C$17.29 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$119,000 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.

2.56 out of 5 stars


PEY stock logo

About Peyto Exploration & Development (TSE:PEY) Stock

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. As of December 31, 2021, it had a total proved plus probable reserves of 904 million barrels of oil equivalent. 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.

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PEY Stock News Headlines

The 4th Military Revolution is Happening
. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Peyto Provides Update Regarding Alberta Wildfires
Peyto Exploration & Development Corp (PXK.MU)
See More Headlines
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PEY Company Calendar

Last Earnings
3/08/2023
Ex-Dividend for 5/15 Dividend
4/27/2023
Dividend Payable
5/15/2023
Today
5/28/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/09/2023

Industry, Sector and Symbol

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 Forecast
C$17.29
High Stock Price Forecast
C$24.00
Low Stock Price Forecast
C$15.00
Forecasted Upside/Downside
+52.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$382.83 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.49 billion
Cash Flow
C$0.10 per share
Book Value
C$13.19 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.98 billion
Optionable
Optionable
Beta
2.01

Key Executives

  • Mr. Jean-Paul H. Lachance
    CEO, Pres & COO
  • Mr. Darren Gee (Age 55)
    Pres & Director
    Comp: $925k
  • Ms. Kathy Turgeon CA (Age 61)
    VP of Fin., CFO & Director
    Comp: $600.4k
  • Mr. David Alan Thomas
    VP of Exploration
  • Mr. Scott Robinson P.Eng. (Age 63)
    VP of Bus. Devel.
    Comp: $676.7k
  • Lydia Hamaliuk
    Mang. of HR
  • Mr. Stephen Jonathan Chetner (Age 56)
    Corp. Sec.
  • Mr. Timothy Louie
    VP of Land
  • Mr. Lee Russell Curran
    VP of Drilling & Completions
  • Mr. Todd Burdick
    VP of Production













PEY Stock - Frequently Asked Questions

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

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PEY shares.
View PEY analyst ratings
or view top-rated stocks.

What is Peyto Exploration & Development's stock price forecast for 2023?

6 equities research analysts have issued twelve-month target prices for Peyto Exploration & Development's shares. Their PEY share price forecasts range from C$15.00 to C$24.00. On average, they expect the company's share price to reach C$17.29 in the next year. This suggests a possible upside of 52.7% 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 at the beginning of the year. Since then, PEY stock has decreased by 18.4% and is now trading at C$11.32.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our PEY earnings forecast
.

How were Peyto Exploration & Development's earnings last quarter?

Peyto Exploration & Development Corp. (TSE:PEY) issued its quarterly earnings results on Wednesday, March, 8th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.25. The business earned $383.14 million during the quarter. Peyto Exploration & Development had a trailing twelve-month return on equity of 19.44% and a net margin of 25.74%.

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 Monday, May 15th. Investors of record on Wednesday, May 31st will be paid a dividend of 0.11 per share on Thursday, June 15th. This represents a $1.32 annualized dividend and a dividend yield of 11.66%. The ex-dividend date is Tuesday, May 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 11.22%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.55%. 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).

What is Peyto Exploration & Development's stock symbol?

Peyto Exploration & Development trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PEY."

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.

What is Peyto Exploration & Development's stock price today?

One share of PEY stock can currently be purchased for approximately C$11.32.

How much money does Peyto Exploration & Development make?

Peyto Exploration & Development (TSE:PEY) has a market capitalization of C$1.98 billion and generates C$1.49 billion in revenue each year. The company earns C$382.83 million in net income (profit) each year or C$2.18 on an earnings per share basis.

How can I contact Peyto Exploration & Development?

Peyto Exploration & Development's mailing address is 300-600 3 Ave SW, CALGARY, AB T2P 0G5, Canada. The official website for the company is www.peyto.com. The company can be reached via phone at +1-403-2378911.

This page (TSE:PEY) was last updated on 5/28/2023 by MarketBeat.com Staff

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