TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

24.30
+0.05 (0.21%)
as of Jul 20, 2026, 8:00:00 pm Market Open.
318 watching
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Investor Insights
star iconJul 20, 2026, 12:00 am

This summary was created by AI, based on 16 opinions in the last 12 months.

Peyto Exploration & Development, symbol PEY-T, is viewed positively by many experts, particularly for its position in the natural gas sector. Several analysts believe it is well-managed with strong operational performance, underscored by its impressive growth over recent years. While some caution against buying at current levels due to recent price corrections and the potential for further sell-offs, many agree that long-term prospects are strong. The political landscape in Canada could influence pricing dynamics in the future, but a general consensus leans towards favorable natural gas pricing over a multi-year horizon. The company is also noted for its healthy dividend yield and acquisition strategy, suggesting that it could be a solid choice for investors looking for exposure to natural gas.

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Consensus
Positive
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Valuation
Fair Value
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TOU
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.
BUY ON WEAKNESS
A great royalty trust. Had phenomenal returns. Has the highest reserve life of a conventional royalty trust. Low payout ratio. Gas weighted so during these times of low gas prices, it may trade down to the $25/26 level which would be a good time to pick some up.
BUY
One of his top gas-weighted names. Has a very high reserve life index. Anything below $25 is a steal.
BUY
The gas exposure that they have has been partially responsible for its pullback. If you are a longer term investor, you should definitely hold. They have excellent properties and good production possibilities going forward.
HOLD
It is an oil and gas producer, heavy gas exposure. In the long term it should do fine. Hold if you own. Buying depends on your personal circumstances. The expert's company is assessing this trust to see if they want to buy or not.
BUY
Natural gas focused trust and has suffered a drop in price because of this. Also, their growth profile modified somewhat in 2005.
BUY
Has been a spectacular success story. Grew through the drill bit. That to such a size that it couldn't sustain the growth. Is now at a good entry point.
TOP PICK
Good track record. Gas focus trust at 80% of natural gas production. Since changing to trust in 2003 they have gone from 13,000 b.o.e. per day to 23,000 b.o.e. per day.
BUY ON WEAKNESS
This is a hybrid trust that only pays out about 40% with a mid-single digit yield, but what you get is better growth. Gas focused. This is one you would want to buy on weakness. A good name.
WEAK BUY
Has not been his favourite income trust because he tends to buy his trusts for yield and this one is only around 6%.
SELL
A low yielding growth trust. Believes the growth rate is slowing down and they sold their holdings.
BUY
Has a distribution of around $2. Outside of an RRSP it makes no sense to sell. Would buy this, and any other gas oriented trust. Have run into a production glitch because they have done all the production from zones they know and it will become progressively tougher to go into different formations. Won't be as profitable as it has been in the past.
BUY
Has been one of the biggest successes in the Royalty Trust sector. They did a fantastic job of growing internally. Had a tremendous growth rate in 2004 so it was normal for a slower pace in 2005. The recent price weakness is an opportunity to buy more.
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