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Peyto Exploration & Development Corp.TSX:PEY Stock Report

Market Cap CA$5.2b
Share Price
CA$25.59
CA$28
8.6% undervalued intrinsic discount
1Y31.8%
7D0.2%
1D
Portfolio Value
View

Peyto Exploration & Development Corp.

TSX:PEY Stock Report

Market Cap: CA$5.2b

Peyto Exploration & Development (PEY) Stock Overview

Engages in the exploration, development, and production of natural gas, and oil and natural gas liquids in Alberta’s deep basin. More details

PEY fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends3/6

PEY Community Fair Values

Create Narrative

See what 92 others think this stock is worth. Follow their fair value or set your own to get alerts.

Peyto Exploration & Development Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Peyto Exploration & Development
Historical stock prices
Current Share PriceCA$25.59
52 Week HighCA$29.22
52 Week LowCA$17.92
Beta0.39
1 Month Change-1.99%
3 Month Change-5.54%
1 Year Change31.84%
3 Year Change132.64%
5 Year Change327.21%
Change since IPO22,152.17%

Recent News & Updates

Recent updates

Narrative Update Apr 21

PEY: Future Returns Will Depend On Sustained Margin Execution Over One Key Catalyst

Analysts have raised the blended 12 month price target for Peyto Exploration & Development to CA$31, up from CA$27, citing a series of Street target increases and modestly higher profit margin expectations, along with a slightly lower future P/E assumption. Analyst Commentary Street research on Peyto Exploration & Development points to a mix of optimism on execution and earnings power, alongside some caution on how much of that is already reflected in the share price.
Narrative Update Apr 06

PEY: Future Returns Will Balance Higher P E Assumptions And Execution Risks

The analyst fair value estimate for Peyto Exploration & Development has edged up by CA$0.10 to CA$28.00. This reflects higher Street price targets in the CA$27 to CA$31 range as analysts factor in updated expectations captured in their revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 23

PEY: Future Returns Will Reflect Balanced Price Views And Revised Earnings Assumptions

The updated fair value estimate for Peyto Exploration & Development has moved to CA$27.90 from CA$26.36. This reflects analysts' higher price targets in the CA$27 to CA$31 range as they factor in revised revenue growth assumptions, lower profit margin expectations, and a higher future P/E multiple.
Narrative Update Mar 09

PEY: Future Returns Will Reflect Balanced Price Views And Debt Funding Choices

The fair value estimate for Peyto Exploration & Development edges up to CA$26.36 from CA$26.00. This reflects a blend of higher Street targets, including RBC Capital’s move to CA$27 and Scotiabank’s upward revision, and is tempered by valuation-driven Hold ratings from other analysts who maintain targets around CA$25.00.
Narrative Update Feb 22

PEY: Future Returns Will Depend On Gas Prices And Balanced Valuation Risk

The analyst price target for Peyto Exploration & Development edges up from CA$25.64 to CA$26.00, reflecting a mix of higher targets from some firms and valuation-driven downgrades from others as analysts reassess expected profitability and P/E levels. Analyst Commentary Recent Street research on Peyto Exploration & Development shows a split view, with some bullish analysts lifting price targets and others stepping back on valuation grounds.
Narrative Update Feb 06

PEY: Future Returns Will Rely On Gas Prices And Execution Confidence

Analysts have nudged their fair value estimate for Peyto Exploration & Development to $25.64 from $24.82, reflecting updated views on discount rates and future P/E assumptions following recent price target increases and a rating upgrade from the Street. Analyst Commentary Recent Street reports point to a more constructive tone on Peyto Exploration & Development, with higher price targets and a fresh upgrade feeding into the revised fair value estimate.
Narrative Update Jan 23

PEY: Future Returns Will Depend On Gas Prices And Execution Progress

Peyto Exploration & Development’s analyst price target has been raised to about $24.82 from roughly $23.64, as analysts update their models with a slightly higher fair value and modestly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E following recent research upgrades and price target increases. Analyst Commentary Recent research updates point to a more constructive stance on Peyto Exploration & Development, with higher price targets reflecting refreshed assumptions on valuation and execution.
Analysis Article Jan 20

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Peyto Exploration & Development Corp. ( TSE:PEY ) has announced that it will pay a dividend of CA$0.11 per share on the...
Narrative Update Jan 09

PEY: Future Returns Will Rely On Gas Prices And Execution Of Production Plan

Analysts have nudged their price target for Peyto Exploration & Development higher to $23.64 from $23.27, reflecting updated assumptions around fair value and future P/E while keeping other key model inputs broadly consistent. What's in the News Peyto Exploration & Development Corp.
Analysis Article Dec 19

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development Corp.'s ( TSE:PEY ) investors are due to receive a payment of CA$0.11 per share on 15th...
Narrative Update Dec 14

PEY: Future Returns Will Depend On Gas Prices And Cost Discipline

Analysts have reduced their price target on Peyto Exploration & Development to C$21.00 from C$23.00. This reflects modestly softer valuation expectations, while their long term forecasts and underlying discount rate assumptions remain largely unchanged.
Narrative Update Nov 30

PEY: Future Performance Will Depend On Commodity Prices And Cost Management

Analysts have modestly raised their price target for Peyto Exploration & Development to approximately $22.91 from $22.32, citing slightly stronger projected revenue growth and a marginally lower discount rate as key factors in their updated outlook. Analyst Commentary Recent analyst commentary on Peyto Exploration & Development reflects both optimism about the company’s future prospects and caution regarding certain risks impacting its valuation and growth outlook.
Analysis Article Nov 20

Peyto Exploration & Development (TSE:PEY) Is Paying Out A Dividend Of CA$0.11

The board of Peyto Exploration & Development Corp. ( TSE:PEY ) has announced that it will pay a dividend of CA$0.11 per...
Narrative Update Nov 16

PEY: Future Margins And Market Volatility Will Define Performance Outlook

Analysts have slightly raised their fair value target for Peyto Exploration & Development to $22.32. They cite updated assumptions around discount rates and profit margins, despite a recent reduction in the street price target.
Analysis Article Oct 28

Peyto Exploration & Development (TSE:PEY) Has Announced A Dividend Of CA$0.11

The board of Peyto Exploration & Development Corp. ( TSE:PEY ) has announced that it will pay a dividend of CA$0.11 per...
Analysis Article Sep 19

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

The board of Peyto Exploration & Development Corp. ( TSE:PEY ) has announced that it will pay a dividend on the 15th of...
Analysis Article Aug 21

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development Corp.'s ( TSE:PEY ) investors are due to receive a payment of CA$0.11 per share on 15th...
Analysis Article Jul 15

Is Peyto Exploration & Development (TSE:PEY) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 19

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development Corp. ( TSE:PEY ) will pay a dividend of CA$0.11 on the 15th of July. This means the...
Analysis Article May 19

Peyto Exploration & Development (TSE:PEY) Is Paying Out A Dividend Of CA$0.11

The board of Peyto Exploration & Development Corp. ( TSE:PEY ) has announced that it will pay a dividend of CA$0.11 per...
Analysis Article May 15

Investors Holding Back On Peyto Exploration & Development Corp. (TSE:PEY)

With a median price-to-earnings (or "P/E") ratio of close to 14x in Canada, you could be forgiven for feeling...
Analysis Article Apr 24

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Peyto Exploration & Development Corp. ( TSE:PEY ) will pay a dividend of CA$0.11 on the 15th of May. Based on this...

Shareholder Returns

PEYCA Oil and GasCA Market
7D0.2%0.8%1.1%
1Y31.8%51.4%32.4%

Return vs Industry: PEY underperformed the Canadian Oil and Gas industry which returned 51.4% over the past year.

Return vs Market: PEY matched the Canadian Market which returned 32.4% over the past year.

Price Volatility

Is PEY's price volatile compared to industry and market?
PEY volatility
PEY Average Weekly Movement4.2%
Oil and Gas Industry Average Movement8.4%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: PEY has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PEY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aJP Lachancewww.peyto.com

Peyto Exploration & Development Corp., together with its subsidiaries, engages in the exploration, development, and production of natural gas, and oil and natural gas liquids in Alberta’s deep basin. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011. Peyto Exploration & Development Corp. was incorporated in 1997 and is headquartered in Calgary, Canada.

Peyto Exploration & Development Corp. Fundamentals Summary

How do Peyto Exploration & Development's earnings and revenue compare to its market cap?
PEY fundamental statistics
Market capCA$5.17b
Earnings (TTM)CA$475.56m
Revenue (TTM)CA$1.18b
11.0x
P/E Ratio
4.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PEY income statement (TTM)
RevenueCA$1.18b
Cost of RevenueCA$262.22m
Gross ProfitCA$918.71m
Other ExpensesCA$443.15m
EarningsCA$475.56m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 11, 2026

Earnings per share (EPS)2.32
Gross Margin77.80%
Net Profit Margin40.27%
Debt/Equity Ratio36.4%

How did PEY perform over the long term?

See historical performance and comparison

Dividends

5.2%
Current Dividend Yield
56%
Payout Ratio

Does PEY pay a reliable dividends?

See PEY dividend history and benchmarks
When do you need to buy PEY by to receive an upcoming dividend?
Peyto Exploration & Development dividend dates
Ex Dividend DateMay 29 2026
Dividend Pay DateJun 15 2026
Days until Ex dividend6 days
Days until Dividend pay date11 days

Does PEY pay a reliable dividends?

See PEY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 10:23
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Peyto Exploration & Development Corp. is covered by 26 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Cormark
Laique Ahmad Amir ArifATB Cormark
Grant HoferBarclays