TSX:PEYOil and Gas
Will Record Q1 Output, Earnings and Dividend Hike Change Peyto Exploration & Development's (TSX:PEY) Narrative
Peyto Exploration & Development Corp. recently reported past first-quarter 2026 results showing revenue of C$426.4 million and net income of C$171.09 million, with basic earnings per share from continuing operations of C$0.84, all higher than the same period a year earlier.
The company also delivered record production of 147,513 boe/d and increased its monthly dividend by 9%, underlining how its low-cost operations and hedging program are currently translating into higher cash generation and...