TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

25.76
+0.54 (2.14%)
as of Jun 8, 2026, 8:00:00 pm Market Open.
310 watching
0
Investor Insights
star iconJun 8, 2026, 12:00 am

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

Peyto Exploration & Development (PEY) is primarily viewed as a strong player in the natural gas sector, with several analysts expressing optimism about its potential for growth. Many experts highlight its recent acquisitions and solid dividend yield, indicating that the company is well-positioned to benefit from rising natural gas prices, especially as it maintains a significant inventory and has a pragmatic hedging strategy. Although some analysts urge caution regarding immediate investments if one already holds oil exposure, there is a general perception that Peyto's fundamentals are robust, especially given its low-cost structure and expansion into new markets. The stock has a fair price target from analysts, and although some suggest potential overvaluation at current levels, most agree it remains a formidable option in the energy market for natural gas investments.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
TOU
COMMENT

Holds management and the quality of the assets in very high regards. This is one of the few oil/gas companies that is profitable, which they get from having very low finding and development costs as well as being the lowest cost producer in the country. If you are bullish on natural gas, this is a great one.

WAIT

This company remains one of the most attractive gas producers. It has the lowest cost structure of any intermediate gas players. Acquisition of Open Range Energy is somewhat accretive, 10%-15%, but not a home run or a game changer. If there is a change in gas prices, this is a “go to” name. You are looking at least a year out before you see this rebound.

BUY

This is the name he would recommend in natural gas stocks. Lowest cost producer. The gas story is a weather driven story.

TOP PICK

Great track record. Started in 1998. The lowest cost gas producer in Ontario. Good substantial producer. 3.4% dividend so you get paid while you wait for the recovery.

SELL
Probably your best dry natural gas name. Cost of production is extremely low. Growth rate has been 35% since 2001. If you won't, he would sell in this rally because the rise in natural gas is due to summer heat. Expect we will come down to $2 gas by the end of this year. He will be buying on weakness and really wants to own it into 2015 because of LNG exports.
COMMENT
(Market Call Minute.) Trading at proved reserve value using stripped pricing. Liquids cut is going to be 20% of total production at the end of this year. Trading at about 7.5X next year's cash flow of $3 gas. Very well run. If you are bullish on gas and water vitamin dividend, he would own this one.
DON'T BUY
(Market Call Minute.) You have to be very careful with natural gas as prices can continue to go lower.
BUY ON WEAKNESS
Great operator. Stock has had a big pullback. Looks interesting at this level. Had some operating issues on account of logistics that happened to the stock earlier. Good buy below $18.
TOP PICK
One of the lowest cost producers in the basin. Looking for a 30% growth in production. Fantastic record in creating shareholder value.
SELL
(Market Call Minute) Well run company but a Nat gas stock. Payout ratio sustainable.
HOLD
Great managers and good balance sheet. Primarily in Natural gas. Good finders and low costs. Descent yield. Proven over time they are pretty good at finding the stuff.
DON'T BUY
Very well run. Have been growing production much more meaningfully than people thought earlier in the year. The challenge is that there is very little liquids in their gas stream so their netback is around $20, which is pretty skinny but they are the lowest cost operator in Canada. Trading around 10X cash flow and he thinks gas is a bit of a write off here. Expensive.
PAST TOP PICK
(A Top Pick Dec 13/10. Up 31.92%.)
COMMENT
Well-run natural gas stock. Natural gas prices have been extremely weak. Lowest cost operator in Canada. Dividend is well supported. The only negative is that the CEO is not promotional when it comes to selling. Trading at around 8.7X cash flow using $4 gas. Prefers companies with more leverage to oil.
TOP PICK
Gas. At current prices, they not only still make money but also can grow production. Grew 28% last year and expects 25%-30% growth this year. Low payout ratio of about 35%.
Showing 121 to 135 of 288 entries