TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

25.41
-0.00 (0.00%)
as of Oct 28, 2026, 8:00:00 pm Market Closed.
322 watching
0
BUY
Natural gas focused. Gas prices have been firming up in the last little while. Long reserve life index. High quality assets. Good value here.
SELL
Undergone a big change. Has been a very steady, growing trust. Got to a point in their asset base where they are unable to continue to grow production/cash distributions. One of the highest payout ratios out there which may have to be adjusted.
BUY
Pretty volatile. Have always kept their payout ratio pretty low and rolled the money back into exploration. Relatively low yield, but more potential growth.
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.
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