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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TOU
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.
DON'T BUY
About 80% gas focused. With lower gas prices, he is concerned they may have to cut back on some of their capital spending.
BUY
In gas weighted income trusts he prefers Progress Energy Trust (PGX.UN-T) or Peyto Energy (PEY.UN-T).
BUY
Has been beaten up. Released a quarter that was a little bit softer then some investors had expected. This gives a good opportunity to get in. Longer-term outlook is still very good.
HOLD
Probably fairly valued at current levels. 80% of its production is natural gas. Longer term, it will be a good story.
SELL
Management disappointed the market. They have a very solid business model, but the model is predicated on them aggressively finding and replacing their reserve.
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