Peyto Exploration & Development Corp.

TSX:PEY Stock Report

Market Cap: CA$2.9b

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 1.42 years. total yearly compensation is CA$1.82M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth CA$7.01M. The average tenure of the management team and the board of directors is 5.4 years and 5 years respectively.

Key information

JP Lachance

Chief executive officer

CA$1.8m

Total compensation

CEO salary percentage17.3%
CEO tenure1.4yrs
CEO ownership0.2%
Management average tenure5.4yrs
Board average tenure5yrs

Recent management updates

Recent updates

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

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

Jun 13
Here's Why We Think Peyto Exploration & Development (TSE:PEY) Might Deserve Your Attention Today

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

Mar 23
Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

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

Mar 05
These 4 Measures Indicate That Peyto Exploration & Development (TSE:PEY) Is Using Debt Reasonably Well

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

Feb 15
We Ran A Stock Scan For Earnings Growth And Peyto Exploration & Development (TSE:PEY) Passed With Ease

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

Dec 16
Peyto Exploration & Development (TSE:PEY) Will Pay A Larger Dividend Than Last Year At CA$0.11

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

Dec 12
Returns At Peyto Exploration & Development (TSE:PEY) Are On The Way Up

CEO Compensation Analysis

How has JP Lachance's remuneration changed compared to Peyto Exploration & Development's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD1.33M) is below average for companies of similar size in the Canadian market ($USD2.34M).

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


CEO

JP Lachance (56 yo)

1.4yrs

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 & Director1.4yrsCA$1.82m0.24%
CA$ 7.0m
Lee Curran
Vice President of Drilling & Completions9.3yrsCA$1.46m0.19%
CA$ 5.7m
Todd Burdick
Vice President of Production9.3yrsCA$1.30m0.083%
CA$ 2.4m
Derick Czember
Vice President of Land & Business Developmentno dataCA$1.18m0.037%
CA$ 1.1m
Tavis Carlson
Chief Financial Officerless than a yearno data0.012%
CA$ 345.5k
Riley Frame
COO & VP of Engineeringless than a yearno data0.048%
CA$ 1.4m
Stephen Chetner
Corporate Secretary24.3yrsCA$33.60k0.32%
CA$ 9.2m

5.4yrs

Average Tenure

Experienced Management: PEY's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jean-Paul Lachance
CEO, President & Director1.3yrsCA$1.82m0.24%
CA$ 7.0m
Donald Gray
Independent Chairman of the Board25.6yrsCA$219.38k0.66%
CA$ 19.3m
Darren Gee
Director17.3yrsCA$135.00k1.21%
CA$ 35.1m
Michael MacBean
Lead Independent Director20.9yrsCA$171.88k0.059%
CA$ 1.7m
John Rossall
Independent Director5yrsCA$161.88k0.074%
CA$ 2.2m
Brian Davis
Independent Director17.8yrsCA$161.88k0.11%
CA$ 3.2m
Nicki Stevens
Independent Directorless than a yearCA$14.07kno data
Debra Gerlach
Independent Director1.5yrsCA$161.88k0.0049%
CA$ 141.9k
Jocelyn McMinn
Independent Directorless than a yearCA$109.38k0.0065%
CA$ 188.5k

5.0yrs

Average Tenure

56yo

Average Age

Experienced Board: PEY's board of directors are considered experienced (5 years average tenure).


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