TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

24.39
+0.15 (0.62%)
as of Sep 18, 2026, 8:00:01 pm Market Open.
320 watching
0
PAST TOP PICK
(A Top Pick June 2/06. Down 10%%.) Very gas weighted. Has held in versus some of the more levered gas names. Reserve life of about 17 years and a payout ratio of about 50%-60%.
BUY
They have a good quality base with the longest reserve life. They pay out 50% of their cash flow. Management has been shaken up but he believes it has provided an opportunity.
PAST TOP PICK
(A Top Pick Jun 2/06. Down 7.9%.) Management change so wait before buying and buy on weakness.
BUY ON WEAKNESS
Thinks it will have to continue to spend a lot of money on its production. 100% natural gas, so buy on weakness over the next couple of months. Good performer, but will not do as well as it used to.
BUY
Great production increases. Seem to be back in sync again. Yield, at 7.5%, is too low for him. An aggressive company with a lot of drilling prospects and a lot of land. Have been very effective in getting their production up.
BUY
The smaller energy companies are still putting up some pretty good profit growth. This is not a smaller name but it's in the group that has strong profit growth. Fundamentals look very good. Be prepared to look past any short-term weakness.
BUY
Have had another flat quarter and the CEO is stepping down. 5 flat quarters in a row but he feels there is optimism for future growth.
BUY
Just made a management change. A large player in coal bed methane.
BUY
Not sure why it is down relative to others except that its yield is quite low. Fallen below the 200 day moving average and is approaching the 50 day. If gas prices keep on moving up, this one will also.
BUY
Has been an absolute star in creating shareholder value at the drill bit. A lot of the sell off was because it got ahead of itself. Good level.
COMMENT
Likes the outlook for gas-oriented trusts. This is one of the places he would consider.
BUY
Has a very high level of confidence in the management team. Very focused. 80/85% natural gas. 60% payout ratio. Reserve life of about 19 years.
BUY
A gas weighted trust. Has the longest reserve life so it is quite stable from an asset standpoint. Has dropped because of the draft in natural gas prices. Good value down here. Could have a further drop over the summer.
DON'T BUY
Has a great asset North West of Edmonton. Well managed. Spends a large amount (270%) of its cash flow on capital expenditures and distributions. Numbers are pretty spectacular. Had a huge growth rate. Companies tend to drill up their best wells 1st, so has not taken a recent position in it.
TOP PICK
A gas weighted trust with about an 18 year reserve life. Pulled back because of weaker gas prices. Should grow substantially per unit. Good price.
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