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TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

25.04
-0.18 (0.71%)
as of Aug 28, 2026, 8:00:00 pm Market Open.
320 watching
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Investor Insights
star iconAug 28, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

Peyto Exploration & Development (PEY-T) has garnered mixed reviews from various experts, highlighting its potential within the natural gas sector. Many analysts view the company as a solid long-term investment with an attractive dividend yield, especially as natural gas prices are expected to recover over the next few years. However, some experts express caution regarding the current valuation, suggesting that it may be fully valued at this point in time. The political climate in Canada is perceived as a significant factor influencing future performance, with some anticipations of improved market conditions if political challenges ease. Overall, while some analysts are bullish on the stock's future prospects, others advise caution, recommending selective buying strategies based on market trends.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
TOU
HOLD
Great managers and good balance sheet. Primarily in Natural gas. Good finders and low costs. Descent yield. Proven over time they are pretty good at finding the stuff.
DON'T BUY
Very well run. Have been growing production much more meaningfully than people thought earlier in the year. The challenge is that there is very little liquids in their gas stream so their netback is around $20, which is pretty skinny but they are the lowest cost operator in Canada. Trading around 10X cash flow and he thinks gas is a bit of a write off here. Expensive.
PAST TOP PICK
(A Top Pick Dec 13/10. Up 31.92%.)
COMMENT
Well-run natural gas stock. Natural gas prices have been extremely weak. Lowest cost operator in Canada. Dividend is well supported. The only negative is that the CEO is not promotional when it comes to selling. Trading at around 8.7X cash flow using $4 gas. Prefers companies with more leverage to oil.
TOP PICK
Gas. At current prices, they not only still make money but also can grow production. Grew 28% last year and expects 25%-30% growth this year. Low payout ratio of about 35%.
TOP PICK
A departure for him because it is gassy but is very liquids rich with gas liquids coming out of their production. Have 5 gas plants throughout the deep basin. Will probably grow production by 35% next year. About to convert to a Corp which could become more attractive to common stock investors. 4% yield.
HOLD
No reason to Sell. Sentiments a little high and it might come back to the $15 break out level. Not overbought or oversold. Also volume has started to pick up.
COMMENT
Pengrowth Energy (PGF.UN-T) or Peyto Energy Trust (PEY.UN-T)? 9.3% yield, which is to drop to 7% next year. Both are gas weighted but this one has a better set of land and has been demonstrably better in proving up value over time. Prefers Peyto.
DON'T BUY
Has benefited from the natural gas trade with the low cost gas producers doing particularly well. Have concerns over the sustainability of distributions. Introducing horizontal drilling into some of their plays, which should help to increase production levels.
DON'T BUY
Highly gas levered. The big question is will they be able to maintain their distribution of 14.9%. Natural gas inventories have been building.
DON'T BUY
Not crazy about gas. Would prefer an oilier name or a gas name outside of North America.
HOLD
More weighted to natural gas. With natural gas prices hovering around $2.50 it is somewhat problematic for them. Have a very good property in Sundance and this is what you need to stick with in times of volatile commodity prices.
COMMENT
One of the lowest cost producers. Difficulty past year has been debt so had to do a stock issue. Also growing very quickly and declines were very high but are starting to slow down. Still trying to understand how they will look in 2011. Currently doesn't have balance sheet strength to grow. Could see another 15%-20% decline. Because of hedging, distribution should be safe but it could be cut for their financial stability. This could give a buying opportunity.
HOLD
Has one of the longest reserve lives of royalty trusts. Gas weighted so distribution is potentially at risk, especially if he is right and gas prices stay down for 1 or 2 years. No balance sheet issues. Could be acquired.
PAST TOP PICK
(A Top Pick June 4/08. Down 38.51%.) Sold this last fall. Major gas play. Have grown their reserves through the drill bit. Possibility of distributions being cut.
Showing 136 to 150 of 293 entries