Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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 NGinsideron Aug 14, 2021 6:57pm
162 Views
Post# 33706684

RE:Conference call

RE:Conference callJust to put that in perspective, Peyto had $4.33/shr in CF back in 2014. That means Darren thinks they will around $715m in CF next year. So with $4.33/shr in CF and $300m Capex needed to keep production flat, or $1.80/shr... that means they have over $2.50/shr in Free CF (35% FCF yield). What will they do with the $415m in FCF? I would like to see the following $100m additional Capex $150 debt repayment $165 dividend ($1/shr) or NCIB. Since debt repayment accrues to the shareholders (modigliani-miller theorem), we will be receiving around $2/shr, only a 28% return... I'll take it if I have to.
<< Previous
Bullboard Posts
Next >>