TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

25.76
+0.54 (2.14%)
as of Jun 8, 2026, 8:00:00 pm Market Open.
310 watching
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Investor Insights
star iconJun 8, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Peyto Exploration & Development (PEY) is primarily viewed as a strong player in the natural gas sector, with several analysts expressing optimism about its potential for growth. Many experts highlight its recent acquisitions and solid dividend yield, indicating that the company is well-positioned to benefit from rising natural gas prices, especially as it maintains a significant inventory and has a pragmatic hedging strategy. Although some analysts urge caution regarding immediate investments if one already holds oil exposure, there is a general perception that Peyto's fundamentals are robust, especially given its low-cost structure and expansion into new markets. The stock has a fair price target from analysts, and although some suggest potential overvaluation at current levels, most agree it remains a formidable option in the energy market for natural gas investments.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
TOU
COMMENT
Even though they have a significant hedging program in place they will be running up against their credit lines in 2008. Have some tremendous properties in the western basin. This would be one of the companies that would benefit higher from natural gas p
HOLD
A big constraint is that they are right up against their bank lines. Their assets are fairly high quality.
HOLD
One of the more traditional energy trust. They are well placed going into the transition period. Had a good run up, was trading at a discount to actual value. Long term an excellent play. Maybe longer then a 1 year time frame. An excellent hold.
HOLD
Should hold for a while longer. It lives within it's means. Will do better in the next half of this year.
COMMENT
A gas weighted name so they have been hit pretty hard. Also hit hard because of high service costs. A good play from a risk/reward perspective. 1st & 2nd quarter may be soft.
DON'T BUY
Have a great asset with longer than average reserve life. About 75%-80% natural gas weighted. Have concerns on their debt levels. Haven't much room left on their bank line, so he anticipates an equity issue fairly soon.
COMMENT
Has come down a long way. A lot of the oil/gas companies are now at prices that they have to look attractive.
HOLD
Looking for a weaker period in natural gas at this time. This is a good trust, but you might be able to buy it a little cheaper over the next few months. Reserve life index of about 19 years.
HOLD
Not one of his favourites. Not the best time to sell. Chart pattern looks like it’s going to go sideways. If there is a bounce in gas prices, which he is anticipating, this could show some reasonable upside. You then might consider switching to something like Arc Energy (AET.UN-T).
HOLD
They have been increasingly talking about living within their means and have cut their capital expenditures by 47%. This means it will be harder and harder to see growth.
HOLD
If you've got the stomach for a possible $2 decrease in the next 12 to 18 months, then he would hold. There will be a lot of volatility.
SELL
Has about the highest payout ratio out there. Has reached its growth limit in its asset base.
HOLD
Should continue to be able to develop their business in a very profitable way because of their huge land position. Always focused on growing through the drill bit versus acquisitions. A long-time investment. Good management.
HOLD
Has an extremely high quality asset base. Been struggling with above normal decline rates on 3 wells that affected its growth rate. That is behind them and production has stabilized. Valuation is fair. He is negative on gas until the end of Jan-Feb, but becoming very bullish on it for 2008.
PAST TOP PICK
(A Top Pick April 26/06. Down 36.1%.) Still likes. Will be one that will easily convert back to a corporation.
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