Peyto Exploration & Development Corp.

TSX:PEY Stock Report

Market Cap: CA$3.1b

Peyto Exploration & Development Management

Management criteria checks 4/4

Peyto Exploration & Development's CEO is JP Lachance, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CA$1.82M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth CA$7.91M. The average tenure of the management team and the board of directors is 6 years and 5.6 years respectively.

Key information

JP Lachance

Chief executive officer

CA$1.8m

Total compensation

CEO salary percentage17.3%
CEO tenure2yrs
CEO ownership0.3%
Management average tenure6yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

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

Sep 20
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

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

Aug 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

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

Jul 23
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

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

Jun 20
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

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

Mar 15
Weak Statutory Earnings May Not Tell The Whole Story For Peyto Exploration & Development (TSE:PEY)

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

Feb 19
Peyto Exploration & Development (TSE:PEY) Is Due To Pay A Dividend Of CA$0.11

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

Jan 27
Peyto Exploration & Development (TSE:PEY) Will Pay A Dividend Of CA$0.11

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

Dec 12
An Intrinsic Calculation For Peyto Exploration & Development Corp. (TSE:PEY) Suggests It's 40% Undervalued

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

Oct 05
Here's Why We Think Peyto Exploration & Development (TSE:PEY) Is Well Worth Watching

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

Sep 02
Returns Are Gaining Momentum At Peyto Exploration & Development (TSE:PEY)

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

Aug 12
What Does The Future Hold For Peyto Exploration & Development Corp. (TSE:PEY)? These Analysts Have Been Cutting Their Estimates

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

Jul 11
Peyto Exploration & Development (TSE:PEY) Seems To Use Debt Quite Sensibly

CEO Compensation Analysis

How has JP Lachance's remuneration changed compared to Peyto Exploration & Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$290m

Jun 30 2024n/an/a

CA$297m

Mar 31 2024n/an/a

CA$303m

Dec 31 2023CA$2mCA$315k

CA$293m

Sep 30 2023n/an/a

CA$318m

Jun 30 2023n/an/a

CA$346m

Mar 31 2023n/an/a

CA$383m

Dec 31 2022CA$2mCA$300k

CA$391m

Sep 30 2022n/an/a

CA$349m

Jun 30 2022n/an/a

CA$293m

Mar 31 2022n/an/a

CA$212m

Dec 31 2021CA$1mCA$272k

CA$152m

Sep 30 2021n/an/a

CA$146m

Jun 30 2021n/an/a

CA$106m

Mar 31 2021n/an/a

CA$71m

Dec 31 2020CA$739kCA$254k

-CA$36m

Sep 30 2020n/an/a

-CA$98m

Jun 30 2020n/an/a

-CA$80m

Mar 31 2020n/an/a

CA$41m

Dec 31 2019CA$1mCA$250k

CA$133m

Sep 30 2019n/an/a

CA$151m

Jun 30 2019n/an/a

CA$175m

Mar 31 2019n/an/a

CA$106m

Dec 31 2018CA$2mCA$248k

CA$129m

Sep 30 2018n/an/a

CA$159m

Jun 30 2018n/an/a

CA$175m

Mar 31 2018n/an/a

CA$184m

Dec 31 2017CA$2mCA$230k

CA$177m

Compensation vs Market: JP's total compensation ($USD1.27M) is below average for companies of similar size in the Canadian market ($USD2.17M).

Compensation vs Earnings: JP's compensation has been consistent with company performance over the past year.

CEO

JP Lachance (57 yo)

2yrs

Tenure

CA$1,819,685

Compensation

Mr. Jean-Paul H. Lachance, also known as JP, has been Chief Executive Officer of Peyto Exploration & Development Corp. since December 31, 2022. He is President and Director of Peyto Exploration & Developme...

Leadership Team

NamePositionTenureCompensationOwnership
Jean-Paul Lachance
CEO, President & Director2yrsCA$1.82m0.26%
CA$ 7.9m
Lee Curran
Vice President of Drilling & Completions9.9yrsCA$1.46m0.19%
CA$ 5.9m
Todd Burdick
Vice President of Production9.9yrsCA$1.30m0.093%
CA$ 2.8m
Derick Czember
Vice President of Land & Business Developmentno dataCA$1.18m0.038%
CA$ 1.2m
Tavis Carlson
Chief Financial Officerless than a yearno data0.021%
CA$ 648.4k
Riley Frame
COO & VP of Engineeringless than a yearno data0.051%
CA$ 1.6m
Stephen Chetner
Corporate Secretary24.9yrsCA$33.60k0.34%
CA$ 10.4m

6.0yrs

Average Tenure

Experienced Management: PEY's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jean-Paul Lachance
CEO, President & Director1.9yrsCA$1.82m0.26%
CA$ 7.9m
Donald Gray
Independent Chairman of the Board26.2yrsCA$219.38k0.65%
CA$ 20.0m
Darren Gee
Director17.9yrsCA$135.00k1.19%
CA$ 36.4m
Michael MacBean
Lead Independent Director21.5yrsCA$171.88k0.043%
CA$ 1.3m
John Rossall
Independent Director5.6yrsCA$161.88k0.073%
CA$ 2.2m
Brian Davis
Independent Director18.3yrsCA$161.88k0.11%
CA$ 3.4m
Nicki Stevens
Independent Director1.2yrsCA$14.07k0.0069%
CA$ 210.5k
Debra Gerlach
Independent Director2.1yrsCA$161.88k0.0048%
CA$ 147.4k
Jocelyn McMinn
Independent Director1.5yrsCA$109.38k0.0064%
CA$ 195.5k

5.6yrs

Average Tenure

57yo

Average Age

Experienced Board: PEY's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Peyto Exploration & Development Corp. is covered by 29 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets
Grant HoferBarclays