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Investor Insights

This summary was created by AI, based on 9 opinions in the last 12 months.

The experts are generally bullish on Peyto Exploration & Develop, particularly due to its strong dividend yield, hedging strategy, and recent acquisition. They believe that the company has room for price appreciation, even in the face of weak natural gas prices. Overall, it is seen as a strong income-generating investment with long-term potential.

Consensus
Bullish
Valuation
Undervalued
BUY

He's bullish on nat gas, with the proviso that it depends on the weather (always the Achilles heel). Lots of positives:  AI, data centres, US doubling LNG export capacity between now and 2030. Really good acquisition recently -- a natural fit, bringing down costs, hedged price of nat gas. 

Trades at material discount to US peers. Several decades of inventory. Not as torquey as other names. Yield is 7.8%, happy to earn in his income fund and write calls on it.

oil / gas
HOLD

Believes company has room for price appreciation. Weak natural gas prices have put pressure on share price. Hedged into 2026/27. Believes dividend is safe. Balance sheet is strong. Would recommend holding. If natural gas prices rise - share price will head upwards. Good management team. 

oil / gas
HOLD

Owns shares in income fund. Good dividend yield at ~9%. Believes dividend is safe. Hedging strategy very strong. Even with low natural gas prices, company will be ok. Trades at premium, but good for income oriented investors. 

oil / gas
DON'T BUY
Looking for yield.

Investing is about yield and capital appreciation, not one or the other. Not expensive, but not cheap. Has no edge, nothing to make him think the business will be better in a few years. You're guessing on commodity prices, and that's not his game.

oil / gas
BUY

Likes it for the dividend. Stock's done well. Grinding down costs. Hedged next 2 years of nat gas at very strong pricing. He's bullish on nat gas. Yield is 9%, very sustainable going forward for income. If adventurous, you can write calls.

oil / gas
HOLD

He owns it for the yield and a juicy call premium. Really strong hedge position, protecting them through this period of weakness. Leverage to nat gas in 2025-26. Very strong balance sheet. Minimal upside potential of 10-15%. Yield is 9.1%, sustainable.

oil / gas
TOP PICK

A high, safe dividend. Shares have been sideways, but it's historically traded cheaply

(Analysts’ price target is $17.86)
oil / gas
RISKY

Long term - is bullish natural gas (better than coal for carbon). Commodity linked company can present risk in terms of investing. Would buy if at the bottom of natural gas cycle. Divided yield can also be risky with low natural gas prices. Would recommend a small position if interested. 

oil / gas
BUY

Dividend of 12% is safe and managers are great. They're making capital investments to sustain production. Shares have been effected by weakness in natural gas prices.

oil / gas
BUY

You get growth. Dividend is 10.1%, yet has excess cashflow after that. He also sells calls on it. Doesn't see capital appreciation. Uses it as an attractive income vehicle.

oil / gas
Unspecified

The new gas line will bring 2 billion cubic feet of LNG to the coast but they won't see the impact of the new pipeline until 2025. This makes for a good future. The dividend of 9% relies on the underlying commodity prices for the company so therefore the stock price can be volatile.

oil / gas
BUY

Owns shares in income fund. Dividend is very safe at ~9%. Recent M&A good for business. Getting more interested in natural gas stocks given LNG future in Canada. Strong management team. Great stock for dividend investors. 

oil / gas
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

PEY has a solid balance sheet and a long history of growth. It has seen many cycles already, and was one of the first companies to convert into an income trust way back (which did benefit shareholders). It trades at only 7X earnings and barely 4X cash flow. The dividend is attractive and was more than doubled late last year. It is not guaranteed of course but is well-covered by cash flow. Payout ratio is 21%. We like management and its leverage to gas prices is very high. Some fault it because of its hedge program on prices, but of course this does also reduce risk of price volatility.
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oil / gas
BUY

Buying shares recently.
Strong company with good dividend.
Expecting higher natural gas prices.
Hedging allows for safety on dividend.
Excellent management team.

oil / gas
HOLD
Dividend sustainable?

If we stay at the current gas price for the next year, dividend is not sustainable. PEY has a good hedge position, and they're actually getting good gas pricing, so it has a buffer. He owns it in an income fund, making about 18% after selling calls. Not in his main fund, as all he wants to own is Canadian heavy oil.

oil / gas
Showing 1 to 15 of 269 entries

Peyto Exploration & Develop.(PEY-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Peyto Exploration & Develop. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Peyto Exploration & Develop.(PEY-T) Frequently Asked Questions

What is Peyto Exploration & Develop. stock symbol?

Peyto Exploration & Develop. is a Canadian stock, trading under the symbol PEY-T on the Toronto Stock Exchange (PEY-CT). It is usually referred to as TSX:PEY or PEY-T

Is Peyto Exploration & Develop. a buy or a sell?

In the last year, 8 stock analysts published opinions about PEY-T. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Peyto Exploration & Develop..

Is Peyto Exploration & Develop. a good investment or a top pick?

Peyto Exploration & Develop. was recommended as a Top Pick by on . Read the latest stock experts ratings for Peyto Exploration & Develop..

Why is Peyto Exploration & Develop. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Peyto Exploration & Develop. worth watching?

8 stock analysts on Stockchase covered Peyto Exploration & Develop. In the last year. It is a trending stock that is worth watching.

What is Peyto Exploration & Develop. stock price?

On 2024-12-11, Peyto Exploration & Develop. (PEY-T) stock closed at a price of $16.77.