Peyto Exploration & Development Future Growth

Future criteria checks 2/6

Peyto Exploration & Development is forecast to grow earnings and revenue by 9.3% and 10.1% per annum respectively. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

9.3%

Earnings growth rate

13.4%

EPS growth rate

Oil and Gas earnings growth	6.9%
Revenue growth rate	10.1%
Future return on equity	17.0%
Analyst coverage	Low
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)

Mar 15

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Feb 19

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Jan 27

An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued

Dec 12

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching

Oct 05

Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)

Sep 02

What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates

Aug 12

Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly

Jul 11

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today

Jun 13

Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

Mar 23

These 4 Measures Indicate That Peyto Exploration & Development (TSE:PEY) Is Using Debt Reasonably Well

Mar 05

We Ran A Stock Scan For Earnings Growth And Peyto Exploration & Development (TSE:PEY) Passed With Ease

Feb 15

Peyto Exploration & Development (TSE:PEY) Will Pay A Larger Dividend Than Last Year At CA$0.11

Dec 16

Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

Dec 12

Earnings and Revenue Growth Forecasts

TSX:PEY - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,465	391	N/A	892	2
12/31/2025	1,471	511	429	933	3
12/31/2024	1,247	428	295	787	2
12/31/2023	946	293	234	645	N/A
9/30/2023	1,058	318	250	672	N/A
6/30/2023	1,251	346	304	738	N/A
3/31/2023	1,487	383	350	810	N/A
12/31/2022	1,474	391	339	812	N/A
9/30/2022	1,368	349	296	762	N/A
6/30/2022	1,210	293	244	659	N/A
3/31/2022	961	212	160	524	N/A
12/31/2021	840	152	129	458	N/A
9/30/2021	674	146	72	361	N/A
6/30/2021	543	106	11	307	N/A
3/31/2021	461	71	-19	257	N/A
12/31/2020	378	-36	-33	203	N/A
9/30/2020	387	-98	-16	225	N/A
6/30/2020	388	-80	26	242	N/A
3/31/2020	423	41	79	291	N/A
12/31/2019	456	133	111	317	N/A
9/30/2019	451	151	98	345	N/A
6/30/2019	468	175	124	403	N/A
3/31/2019	466	106	169	434	N/A
12/31/2018	476	129	248	486	N/A
9/30/2018	516	159	269	527	N/A
6/30/2018	556	175	206	547	N/A
3/31/2018	628	184	144	558	N/A
12/31/2017	669	177	-4	535	N/A
9/30/2017	689	164	N/A	530	N/A
6/30/2017	680	142	N/A	517	N/A
3/31/2017	589	111	N/A	492	N/A
12/31/2016	532	112	N/A	509	N/A
9/30/2016	508	117	N/A	501	N/A
6/30/2016	510	132	N/A	511	N/A
3/31/2016	568	135	N/A	542	N/A
12/31/2015	582	138	N/A	530	N/A
9/30/2015	629	163	N/A	593	N/A
6/30/2015	697	194	N/A	604	N/A
3/31/2015	771	244	N/A	622	N/A
12/31/2014	849	262	N/A	643	N/A
9/30/2014	794	231	N/A	566	N/A
6/30/2014	700	193	N/A	517	N/A
3/31/2014	625	168	N/A	461	N/A
12/31/2013	521	143	N/A	407	N/A
9/30/2013	479	130	N/A	369	N/A
6/30/2013	444	123	N/A	340	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEY's forecast earnings growth (9.3% per year) is above the savings rate (2.1%).

Earnings vs Market: PEY's earnings (9.3% per year) are forecast to grow slower than the Canadian market (12.5% per year).

High Growth Earnings: PEY's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEY's revenue (10.1% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: PEY's revenue (10.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PEY's Return on Equity is forecast to be low in 3 years time (17%).

Peyto Exploration & Development Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.6% to CA$16.68

Recent updates

Dividend of CA$0.11 announced

Peyto Exploration & Development Corp. Confirms Monthly Dividend of April 2024, Payable on May 15, 2024

Price target increased by 8.6% to CA$16.68

Dividend of CA$0.11 announced

Peyto Exploration & Development Corp. Confirms Monthly Dividend of March 2024, Payable on April 15, 2024

Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Peyto Exploration & Development Corp., Annual General Meeting, May 22, 2024

Peyto Exploration & Development Corp., Annual General Meeting, May 22, 2024

Upcoming dividend of CA$0.11 per share

Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

Dividend of CA$0.11 announced

Peyto Exploration & Development Corp. Confirms Monthly Dividend of February 2024, Payable on March 15, 2024

Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

Upcoming dividend of CA$0.11 per share at 10% yield

Peyto Exploration & Development Corp. to Report Q3, 2024 Results on Nov 12, 2024

Dividend of CA$0.11 announced

CEO, President & Director exercised options and sold CA$318k worth of stock

Peyto Exploration & Development Corp Announces Monthly Dividend of January 2024, Payable on February 15, 2024

VP & CFO exercised options and sold CA$278k worth of stock

Peyto Exploration & Development Corp. Confirms Monthly Dividend for December 2023, Payable on January 15, 2024

An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued

CEO, President & Director exercised options and sold CA$209k worth of stock

Upcoming dividend of CA$0.11 per share at 10% yield

Peyto Exploration & Development Corp. Announces Monthly Dividend for November 2023, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: CA$0.33 (vs CA$0.50 in 3Q 2022)

Peyto Exploration & Development Corp. Announces Executive Changes

Peyto Exploration & Development Corp. Announces Promotion of Riley Frame to Chief Operating Officer, Effective January 1, 2024

Upcoming dividend of CA$0.11 per share at 9.4% yield

Corporate Secretary exercised options to buy CA$591k worth of stock.

Peyto Exploration & Development Corp. (TSX:PEY) completed the acquisition of All the mineral rights, related facilities of Repsol Canada Energy Partnership.

Peyto Exploration & Development Corp. Confirms Dividend for the Month of October 2023, Payable on November 15, 2023

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching

Insider exercised options and sold CA$307k worth of stock

Peyto Exploration & Development Corp. has completed a Follow-on Equity Offering in the amount of CAD 175.049 million.

Independent Chairman of the Board recently bought CA$1.0m worth of stock

Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to September 2023 on Common Share, Payable on October 13, 2023

Peyto Exploration & Development Corp. (TSX:PEY) agreed to acquire All the mineral rights, related facilities of Repsol Canada Energy Partnership for CAD approximately 640 million.

Peyto Exploration & Development Corp. announced that it expects to receive $125.069 million in funding

Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)

Upcoming dividend of CA$0.11 per share at 11% yield

Peyto Exploration & Development Corp. Confirms Monthly Dividend for August 2023, Payable on September 15, 2023

What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates

Second quarter 2023 earnings released: EPS: CA$0.33 (vs CA$0.56 in 2Q 2022)

Upcoming dividend of CA$0.11 per share at 11% yield

CEO, President & Director exercised options and sold CA$201k worth of stock

Peyto Exploration & Development Corp. Confirms Dividend for the Month of July 2023, Payable on August 15, 2023

CEO, President & Director exercised options and sold CA$201k worth of stock

Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly

Peyto Exploration & Development Corp. Confirms Dividend for the Month of June 2023, Payable on July 14, 2023

Peyto Exploration & Development Corp. Announces Board Changes

Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today

Upcoming dividend of CA$0.11 per share at 11% yield

Peyto Exploration & Development Corp. Confirms Monthly Dividend for June 15, 2023

Vice President of Engineering recently bought CA$83k worth of stock

First quarter 2023 earnings released: EPS: CA$0.51 (vs CA$0.58 in 1Q 2022)

Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

Upcoming dividend of CA$0.11 per share at 11% yield

CEO, President & Director recently bought CA$119k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

These 4 Measures Indicate That Peyto Exploration & Development (TSE:PEY) Is Using Debt Reasonably Well

Upcoming dividend of CA$0.11 per share at 12% yield

Peyto Exploration & Development Corp. Announces Monthly Dividend for February 2023, Payable on March 15, 2023

We Ran A Stock Scan For Earnings Growth And Peyto Exploration & Development (TSE:PEY) Passed With Ease

Corporate Secretary recently bought CA$199k worth of stock

Upcoming dividend of CA$0.11 per share

Peyto Exploration & Development Corp. to Report Q2, 2023 Results on Aug 09, 2023

Vice President of Exploration exercised options and sold CA$233k worth of stock

Vice President of Business Development exercised options and sold CA$255k worth of stock

Peyto Exploration & Development Corp. Appoints Jean-Paul Lachance as a Member of the Board of Directors

Upcoming dividend of CA$0.05 per share

Peyto Exploration & Development Corp. Confirms Dividend for Month of December 2022, Payable on January 13, 2023

Peyto Exploration & Development (TSE:PEY) Will Pay A Larger Dividend Than Last Year At CA$0.11

Peyto Exploration & Development Corp. to Increase Monthly Dividend from January 2023, Payable on February 15, 2023