Peyto Exploration & Develop. (PEY.TO) Buy,…

Home

Daily Stock Opinions and Ratings

Peyto Exploration & Develop. (PEY.TO)

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

25.76

+0.54 (2.14%)

as of Jun 8, 2026, 8:00:00 pm Market Open.

310 watching

Investor Insights

Jun 7, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Peyto Exploration & Development (PEY) presents a mixed yet generally favorable outlook among analysts. Many experts highlight its strong position in the natural gas sector, emphasizing the company’s potential for growth due to its substantial drilling inventory and strategic acquisitions. While some analysts suggest buying on pullbacks due to its attractive trendline and reasonable price targets, others caution against new investments if oil stocks are already present in one’s portfolio. Additionally, the attractive dividend yield and potential for future increases as debt decreases make PEY a noteworthy option for income-oriented investors. However, concerns over current valuations and market conditions suggest careful consideration is necessary before making any investment decisions.

Consensus

Mixed

Valuation

Fair Value

Similar

TOU

DON'T BUY

They are the poster child for the woes of the AECo market. They have debt to cash flow of 4 times. They are maintaining production. We are over 70% through winter and we have seen demand down 14% in North America this season. The outlook is bleak. Natural gas stocks are a play on weather and he does not see any prospects in this space at this time. He is looking towards Canadian oil plays instead.

COMMENT

The US / China truce as of last week eliminated the strong worries people had on the global economy. There has been a large unwind of value stocks for growth stocks. The best value in the world is Canadian energy stocks. PEY-T is a levered natural gas. He took the easy profits off it. If you are really bullish on it, then this is a good way to play it.

DON'T BUY

They produce 96% natural gas, trying to diversify. They're the lowest-cost operator in North America, but drilling is uneconimical now. LNG is a long way off. Avoid this.

DON'T BUY

They have a challenged balance sheet.

DON'T BUY

Their earnings missed in the most recent quarter. Their balance sheet within the industry is okay but is there any catalyst to see them go up in price significantly. There are other places he would invest such as ECA-T or ARX-T.

DON'T BUY

Natural gas prices in western Canada are struggling, but management is solid. The price can't go much lower and ultimately PEY will recover, but who knows when? They're in a difficult spot now. They pay a decent yield above 3%.

COMMENT

Peyto vs Torc. He is not fond of Peyto -- production is flat and the balance sheet is not great. They also focus on natural gas -- an area he sees little opportunity in that commodity. Torc is a well-run oil producer, with a solid management team. He clearly would prefer Torc.

DON'T BUY

Book value is $9.99. Volumes came down because they shut in some dry gas. The stock has been decimated. He prefers other names to this one.

WATCH

Natural gas is a dirty word today. As a contrarian, he likes the yield but wonders if it is sustainable. They have a good management team. At some point there will be demand for Canadian natural gas – west coast LNG could be a catalyst. He thinks there are other energy names, but he continues to watch it. Yield 6.8%.

COMMENT

Gas is down, and the stock has slid from $30 to $10. They have a good long-term track record, so investigate why there was such a slide (it wasn't just the gas price). Now could be an entry point.

BUY

Definitely would consider it. $25 target. Cheap valuation. If you own it, average down. Sustainable 6.6% yield. Now is a great entry point.

WAIT

This company is well managed. It is a low cost operator. Its price has come down enormously. Its dividend has been cut, but it offers a 72 cent dividend on a price (on day of interview) of $10.78. The company’s problem is its debt load, which has been rising. It is now $1.285 billion, up from $1.07, against $1.72 billion in equity. It is not good to have rising debt in a declining commodity market. Book value is $10.44. If he is right that oil prices will come down, the stock could go down significantly further, past $8 or beyond. At $8, the yield would be fabulous. He doesn’t cover the name because of the balance sheet issues.

DON'T BUY

It had to do some tough things a couple of weeks ago. They cut the dividend and the cap-X program also. Book value was $10.12 at the end of Q3. It could go down given problems in the sector.

WATCH

They announced they cut their dividend recently. It is a gas producing name. They have done an incredible job and she is watching them.

DON'T BUY

Last week they announced a cut in the dividend and a cut in the cap-x program. They are going to try to keep production flat. $10.12 book value. The balance sheet debt is a concern. It still trades above book value. The numbers don’t make sense.

Showing 46 to 60 of 288 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Mike Vinokur, CFA, CMT, and CFP

Propellus Wealth Partners/iA Private Wealth

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Peyto Exploration & Develop. (PEY.TO)