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Peyto Exploration & Development Corp PEYUF


Primary Symbol: T.PEY

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.


TSX:PEY - Post by User

Comment by finedaceon Apr 29, 2024 9:20pm
129 Views
Post# 36013873

RE:Huge day for Peyto today

RE:Huge day for Peyto today

In the May 14 Q1 report I would like to see EPS well over $0.50 per share.
In 2020, the only year Peyto ever reported an annual loss, Q1 was -0.41 per share.
In 2021, 0.23. In 2022, 0.56. Last year, 0.51.

I know people like to look at cash flow instead, probably makes sense, but still I'd like to see this year EPS to come in well past $2.50 for the whole year.

I hope debt reduction or share count reduction can be active tactics now. The latter won't happen with Peyto they can't be trusted as the last time this was an agenda item (NCIB) from the company, it was an empty threat, and when the opportunity to load up at a dollar each share was in play no insider bought any at all.

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