Peyto Exploration & Development Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peyto Exploration & Development in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Peyto Exploration & Development stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEY, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Peyto Exploration & Development a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Peyto Exploration & Development wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Peyto Exploration & Development is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for Peyto Exploration & Development.

Peyto Exploration & Development Corp. (TSE:PEY) issued its earnings results on Wednesday, March, 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.34. The business had revenue of $116.02 million for the quarter.
View Peyto Exploration & Development's earnings history.

Peyto Exploration & Development's stock was trading at C$1.19 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PEY stock has increased by 335.3% and is now trading at C$5.18.
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Peyto Exploration & Development pays an annual dividend of C$0.09 per share and currently has a dividend yield of 0.78%.
View Peyto Exploration & Development's dividend history.

9 analysts have issued 1-year price targets for Peyto Exploration & Development's shares. Their forecasts range from C$2.75 to C$8.00. On average, they expect Peyto Exploration & Development's stock price to reach C$6.33 in the next year. This suggests a possible upside of 22.1% from the stock's current price.
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Some companies that are related to Peyto Exploration & Development include Seven Generations Energy (VII), Zargon Oil & Gas (ZAR), Energean (ENOG), Whiting Petroleum (WLL), Raging River Exploration (RRX), Freehold Royalties (FRU), Kosmos Energy (KOS), Diversified Gas & Oil (DGOC), Vine Energy (VEI), Headwater Exploration (HWX), Baytex Energy (BTE), Tamarack Valley Energy (TVE), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Tullow Oil (TLW) and Canacol Energy (CNE).
View all of PEY's competitors.

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).

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

Shares of PEY 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.
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One share of PEY stock can currently be purchased for approximately C$5.18.

Peyto Exploration & Development has a market capitalization of C$854.39 million and generates C$378.24 million in revenue each year.

Peyto Exploration & Development employs 53 workers across the globe.

The official website for Peyto Exploration & Development is www.peyto.com.

Peyto Exploration & Development is headquartered at 300-600 3 Ave SW, CALGARY, AB T2P 0G5, Canada.

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