TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

24.32
+0.03 (0.12%)
as of Jun 26, 2026, 7:59:59 pm Market Open.
315 watching
0
Investor Insights
star iconJun 28, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

Peyto Exploration & Development (symbol: PEY-T) is viewed positively by various experts, particularly in the context of natural gas investments. Many analysts appreciate its solid operational track record and commend management for effective acquisitions and a strong dividend yield, which is currently around 5.5% to 7%. There is a consensus that while the stock may experience short-term volatility due to natural gas price trends, the long-term outlook remains favorable, especially if political constraints on Canadian energy resources ease. As natural gas is considered a critical transitional fuel, many view the company as well-positioned for growth in the next few years, with analysts’ price targets suggesting considerable upside potential. However, opinions vary regarding whether to buy now or wait for a better entry point, with some experts suggesting caution due to potential overvaluation at current levels.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TOU
BUY
The yield is under 8% and given his risk/reward parameters, it doesn’t fit his criteria, so not buying more at this time. A great company.
PAST TOP PICK
(A Top Pick June 3/05. No change but has had distributions.) Still likes. Low payout ratio so has a sustainable model. Has a very long reserve life index.
HOLD
Has dropped, but still has good value. One of the lowest cost producers. Good production growth. Higher risk because the valuation got very high on it.
BUY
A gas weighted trust. One of the more phenominal stocks in the industry. One of the best management teams. An incredibly focused asset base. A very expensive stock and you have to believe that this team can do it. Wouldn't want to bet against them. It still has a way to go.
DON'T BUY
Has fallen back to his model price, but he is finding value elsewhere,
BUY
They've run into a small problem like many of the trusts, wet weather in ALberta. There were 5 producing sands in their major areas, but have discovered in branching out into other areas, it is more expensive and the yields haven' been as high. Yield is close to 9% and this would be a good time to buy.
HOLD
Has dropped partly because of energy prices, caution on energy trusts and partly because it was bid up too high. Much more attractive at this price and if a long term holder with a capital gain, hold.
HOLD
A natural gas focused trust. Unusual in that you are seeing double digit growth in production per unit. Very low payout ratio. Good quality management team.
WAIT
A quality growth trust. Ranks in the lower end of yields in oil/gas trusts at 6/7%. However, distribution increases are expected next year. You may want to wait before buying until the tax question is cleared up.
BUY
Stacks up extremely well against a number of the energy trusts. Would rank in the top 6 of his choices. Very well run. Good properties and good reserves.
SELL
A gas weighted trust. Has had a great run. They are probably going to have to spend more than any other trust in their capital expenditure budget next year. Selling well above some of its peers.
HOLD
One of the stalwarts in the oil/gas trust area. Really grown through the drill bit. Continues to be a good name in the sector, but the vast majority of the growth is behind it.
BUY ON WEAKNESS
Below $30 it is in his BUY territory, but above $35 would look to unwind a bit of his position. Great management. Grows internally rather than by acquisitions. Has the highest income per unit growth out of all the royalty trusts. Buy on any pull back.
BUY
A very interesting trust model. Distribution from the beginning was going to be very low in order to have surplus for reinvestments. Last quarter they mis-stepped, but could be because of having a rainy quarter. Thinks it's OK now.
DON'T BUY
Had one of the best runs of any of the energy income trusts this past year. Got too highly priced.
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