Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

25.04
-0.18 (0.71%)
as of Aug 28, 2026, 8:00:00 pm Market Open.
320 watching
0
Investor Insights
star iconAug 28, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

Peyto Exploration & Development (PEY-T) has garnered mixed reviews from various experts, highlighting its potential within the natural gas sector. Many analysts view the company as a solid long-term investment with an attractive dividend yield, especially as natural gas prices are expected to recover over the next few years. However, some experts express caution regarding the current valuation, suggesting that it may be fully valued at this point in time. The political climate in Canada is perceived as a significant factor influencing future performance, with some anticipations of improved market conditions if political challenges ease. Overall, while some analysts are bullish on the stock's future prospects, others advise caution, recommending selective buying strategies based on market trends.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
TOU
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.
HOLD
As we enter the 4th quarter, he sees a lot of the oil/gas trusts for a shorter term trade giving out special distributions.
TRADE
More of a growth oil/gas company. Holding back a large proportion of cash for reinvestment in organic growth rather than acquisitions. Keeps their costs low. Has always traded at a significant premium to its peers.
BUY
For pure gas income trust plays, prefers TKE Energy Trust (TKE.UN-T), Progress Energy (PGX.UN-T), Thunder Energy (THY.UN-T) and Peyto (PEY.UN-T). In the producer area Storm Exploration (SEO-T) because it was incredibly cheap at $4.60. Would sell when it gets near $7.
BUY ON WEAKNESS
He's schizophrenic on this one. He's a value investor and is concerned when he has to spend too much on production and reserves, but they continually deliver. They have identified tight gas as a theme.
DON'T BUY
An extraordinary company. Market is pricing in future growth expectations and so doesn't know where to put a price on it any more. If natural gas goes up, this will trade with that. Seems to be a lot of natural gas available for this winter short term and this is priced into it.
BUY
A very low cost producer. It does spend a lot. It does grow its production every year though. Because of growth its been able to grow its trading price and net asset value on a pretty consistant basis.
TOP PICK
Low payout ratio at 46%. Added about 25% reserves last year. Very disciplined in terms of finances. Manageemnt owns 21%.
TOP PICK
The best royalty trust performer in the last 3 years. Will continue to grow at 25% for the forseeable future. Has the longest reserve life. Low operating costs. Not expensive compared to other royalty trusts. About 7.5 X next year's cash flow.
TRADE
An unusual trust. Low yield of about 4/4.5%. Recently increased its distribution. A growth trust. Redeploys 60% of its cash flow into capital expenditures. His concern is that it doesn't have a large land position.
BUY
A very unique formula. Some of its numbers are pretty spectacular in its growth. Management has a significant interest in the company. Spends a large amount of capital on their property in the Sundance area.
BUY
Prefers companies that are growing by internal growth, such as this one and Arc Energy (AET.UN-T), Ketch (KER.UN-T), Bonavista (BNP.UN-T), Focus (FET.UN-T). They pay out less of their cash flow in order to keep and grow their reserve life.
BUY
Cream of the crop of the royalty trust area. The only one that's actually growing its production per unit, probably about 30% over the next year. Lowest finding and development costs. Low payout ratio. Has management ownership.
Showing 241 to 255 of 293 entries