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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

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


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

Peyto Exploration Development earnings: here's what Wall Street expects
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Peyto Exploration & Dev (PEY) Gets a Hold Rating from RBC Capital
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
Peyto Exploration & Development (PEYr)
Peyto Exploration & Dev (PEY) Got Some Good News
TSX Stumbles Along Noon Hour Wednesday
Peyto Exploration & Dev (PEY) Receives a Buy from Scotiabank
TSX Futures Flat
Peyto Exploration To Buy Repsol Canada Energy For $468 Mln Cash
Repsol to Sell Canadian Assets to Peyto for $468 Mln
Peyto to buy Repsol's Canada unit for $468 mln
Peyto Exploration & Development (TSX: PEY)
Peyto Exploration & Dev (PEY) Receives a Hold from RBC Capital
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

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
CIK
N/A
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

Net Income
C$318.28 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.06 billion
Cash Flow
C$0.11 per share
Book Value
C$13.01 per share

Miscellaneous

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














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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