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TSE:PEY

Peyto Exploration & Develop. (PEY.TO)

24.44
-0.00 (0.00%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
120 watching
0
HOLD
Should continue to be able to develop their business in a very profitable way because of their huge land position. Always focused on growing through the drill bit versus acquisitions. A long-time investment. Good management.
HOLD
Has an extremely high quality asset base. Been struggling with above normal decline rates on 3 wells that affected its growth rate. That is behind them and production has stabilized. Valuation is fair. He is negative on gas until the end of Jan-Feb, but becoming very bullish on it for 2008.
PAST TOP PICK
(A Top Pick April 26/06. Down 36.1%.) Still likes. Will be one that will easily convert back to a corporation.
DON'T BUY
Has owned some very good property, particularly in the Sundance region in Alberta. Will be a tougher go for them to replicate that. They are right up against where they stand on their bank lines. It will be difficult now to raise new equity.
BUY
Anything to do with natural gas has been in a bit of a bear market. Starting to recover. Has grown, on a per-unit basis, the greatest over the last 5 years. 70%-80% natural gas. 16 year reserve life index.
HOLD
Getting a decent yield and you have one or two years before there is a big whacking cut. Very long reserve life. Hold, but if you want to sell wait until winter and sell into strength. See how things go.
DON'T BUY
If we have a warm winter, gas prices will collapse. Has a great long-term track record. Pound for pound, dollar for dollar, you can get better value in corporations.
BUY
Tarred with the “income trust” brush and low gas price. Has a low payout ratio, so distributions are less at risk than some others. Good balance sheet.
DON'T BUY
Not a favourite. Prefers Suncor (SU-T) which has the right mix of assets.
BUY
An excellent gas play. Has done a good job of developing their gas plays in the Western sedimentary basin. 7.5% yield. Low distribution ratio.
BUY
Natural gas focused. Gas prices have been firming up in the last little while. Long reserve life index. High quality assets. Good value here.
SELL
Undergone a big change. Has been a very steady, growing trust. Got to a point in their asset base where they are unable to continue to grow production/cash distributions. One of the highest payout ratios out there which may have to be adjusted.
BUY
Pretty volatile. Have always kept their payout ratio pretty low and rolled the money back into exploration. Relatively low yield, but more potential growth.
PAST TOP PICK
(A Top Pick June 2/06. Down 10%%.) Very gas weighted. Has held in versus some of the more levered gas names. Reserve life of about 17 years and a payout ratio of about 50%-60%.
BUY
They have a good quality base with the longest reserve life. They pay out 50% of their cash flow. Management has been shaken up but he believes it has provided an opportunity.
Showing 151 to 165 of 261 entries