Peyto Exploration & Development Corp., an energy company, engages in the acquisition, exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Peyto Exploration & Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PEY's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: PEY exceeded the Canadian Oil and Gas industry which returned -33% over the past year.
Return vs Market: PEY underperformed the Canadian Market which returned -3.6% over the past year.
Price Volatility Vs. Market
How volatile is Peyto Exploration & Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Can We Make Of Peyto Exploration & Development's (TSE:PEY) CEO Compensation?
3 weeks ago | Simply Wall StDo These 3 Checks Before Buying Peyto Exploration & Development Corp. (TSE:PEY) For Its Upcoming Dividend
3 weeks ago | Simply Wall StHere's What Peyto Exploration & Development Corp.'s (TSE:PEY) Shareholder Ownership Structure Looks Like
Is Peyto Exploration & Development undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEY (CA$2.61) is trading below our estimate of fair value (CA$2.88)
Significantly Below Fair Value: PEY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PEY is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: PEY is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PEY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PEY is good value based on its PB Ratio (0.3x) compared to the CA Oil and Gas industry average (0.8x).
How is Peyto Exploration & Development forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PEY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: PEY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PEY's is expected to become profitable in the next 3 years.
Revenue vs Market: PEY's revenue (25.8% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: PEY's revenue (25.8% per year) is forecast to grow faster 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 (5.2%).
How has Peyto Exploration & Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEY is currently unprofitable.
Growing Profit Margin: PEY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PEY is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.
Accelerating Growth: Unable to compare PEY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PEY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).
Return on Equity
High ROE: PEY has a negative Return on Equity (-4.98%), as it is currently unprofitable.
How is Peyto Exploration & Development's financial position?
Financial Position Analysis
Short Term Liabilities: PEY's short term assets (CA$50.3M) do not cover its short term liabilities (CA$70.8M).
Long Term Liabilities: PEY's short term assets (CA$50.3M) do not cover its long term liabilities (CA$1.8B).
Debt to Equity History and Analysis
Debt Level: PEY's debt to equity ratio (71.6%) is considered high.
Reducing Debt: PEY's debt to equity ratio has increased from 55.5% to 71.6% over the past 5 years.
Debt Coverage: PEY's debt is well covered by operating cash flow (20.9%).
Interest Coverage: PEY is unprofitable, therefore interest payments are not well covered by earnings.
What is Peyto Exploration & Development current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PEY's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: PEY's dividend (1.53%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).
Stability and Growth of Payments
Stable Dividend: PEY's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: PEY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PEY's dividends in 3 years are forecast to be well covered by earnings (49.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Darren Gee (52 yo)
Mr. Darren Gee has been the Chief Executive Officer of Peyto Exploration & Development Corp since January 1, 2007 and its President since August 2006. Mr. Gee served as Chief Executive Officer and Presiden ...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD1.13M) is above average for companies of similar size in the Canadian market ($USD831.25K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
|VP of Finance||2.42yrs||CA$931.88k||0.079% |
|VP of Engineering & COO||2.67yrs||CA$1.29m||0.073% |
|Vice President of Exploration||9.92yrs||CA$1.08m||0.15% |
|Corporate Secretary||20.75yrs||CA$33.60k||0.28% |
|Vice President of Business Development||no data||CA$848.94k||0.13% |
|Vice President of Land||8.75yrs||CA$582.22k||0.034% |
|Vice President of Drilling & Completions||5.75yrs||CA$943.86k||0.061% |
|Vice President of Production||5.75yrs||CA$763.69k||0.018% |
|Manager of Human Resources||no data||no data||no data|
Experienced Management: PEY's management team is seasoned and experienced (9.3 years average tenure).
|VP of Finance||2.42yrs||CA$931.88k||0.079% |
|Independent Director||13.75yrs||CA$101.40k||0.012% |
|Independent Chairman of the Board||11.42yrs||CA$140.40k||0.57% |
|Lead Independent Director||11.75yrs||CA$109.20k||0.066% |
|Independent Director||1.42yrs||CA$60.00k||0.058% |
|Independent Director||14.17yrs||CA$101.40k||0.088% |
Experienced Board: PEY's board of directors are seasoned and experienced ( 11.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PEY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Peyto Exploration & Development Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Peyto Exploration & Development Corp.
- Ticker: PEY
- Exchange: TSX
- Founded: 1998
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$430.472m
- Shares outstanding: 164.93m
- Website: https://www.peyto.com
Number of Employees
- Peyto Exploration & Development Corp.
- 600 – 3rd Avenue SW
- Suite 300
- T2P 0G5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PEY||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 1997|
|PXK||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1997|
|PEYU.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 1997|
|PXK||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Dec 1997|
|0VCO||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Dec 1997|
Peyto Exploration & Development Corp., an energy company, engages in the acquisition, exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As o ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 00:23|
|End of Day Share Price||2020/10/16 00:00|
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.