Peyto Exploration & Development Dividends and Buybacks
Dividend criteria checks 3/6
Peyto Exploration & Development is a dividend paying company with a current yield of 5.06% that is well covered by earnings. Next payment date is on 15th May, 2026 with an ex-dividend date of 30th April, 2026.
Key information
5.1%
Dividend yield
-1.4%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 15 May 26 |
| Ex dividend date | 30 Apr 26 |
| Dividend per share | n/a |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
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.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.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.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.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.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.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.Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Jan 20
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.Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Dec 19PEY: 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.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.Peyto Exploration & Development (TSE:PEY) Is Paying Out A Dividend Of CA$0.11
Nov 20PEY: 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.Peyto Exploration & Development (TSE:PEY) Has Announced A Dividend Of CA$0.11
Oct 28Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11
Sep 19Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Aug 21Is Peyto Exploration & Development (TSE:PEY) A Risky Investment?
Jul 15Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Jun 19Peyto Exploration & Development (TSE:PEY) Is Paying Out A Dividend Of CA$0.11
May 19Investors Holding Back On Peyto Exploration & Development Corp. (TSE:PEY)
May 15Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11
Apr 24
New Drilling Opportunities Will Increase Future Production
The diversification of gas market access is set to enhance revenue stability and secure better pricing, even during regional price volatility.Peyto Exploration & Development Corp. (TSE:PEY) Could Be Riskier Than It Looks
Feb 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PEY's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEY's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Peyto Exploration & Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PEY) | 5.1% |
| Market Bottom 25% (CA) | 1.6% |
| Market Top 25% (CA) | 5.4% |
| Industry Average (Oil and Gas) | 3.4% |
| Analyst forecast (PEY) (up to 3 years) | 5.1% |
Notable Dividend: PEY's dividend (5.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.64%).
High Dividend: PEY's dividend (5.06%) is low compared to the top 25% of dividend payers in the Canadian market (5.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.3%), PEY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), PEY's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 03:33 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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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.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Cormark |
| Laique Ahmad Amir Arif | ATB Cormark |
| Grant Hofer | Barclays |