Declared Dividend • May 20
Dividend of CA$0.12 announced Shareholders will receive a dividend of CA$0.12. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Duyuru • May 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to May 2026, Payable on June 15, 2026 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to May 2026 of CAD 0.12 per common share is to be paid on June 15, 2026, for shareholders of record on May 31, 2026. Duyuru • Apr 17
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to April 2026, Payable on May 15, 2026 Peyto Exploration & Development Corp. confirms that the monthly dividend with respect to April 2026 of $0.11 per common share is to be paid on May 15, 2026, for shareholders of record on April 30, 2026. Duyuru • Mar 14
Peyto Exploration & Development Corp. Confirms March 2026 Monthly Dividend, Payable on April 15, 2026 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to March 2026 of $0.11 per common share is to be paid on April 15, 2026, for shareholders of record on March 31, 2026. Duyuru • Mar 10
Peyto Exploration & Development Corp., Annual General Meeting, May 21, 2026 Peyto Exploration & Development Corp., Annual General Meeting, May 21, 2026. Location: alberta, calgary Canada Duyuru • Feb 14
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to February 2026, Payable on March 13, 2026 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to February 2026 of $0.11 per common share is to be paid on March 13, 2026, for shareholders of record on February 28, 2026. Duyuru • Jan 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for January 2026, Payable on February 13, 2026 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to January 2026 of $0.11 per common share is to be paid on February 13, 2026, for shareholders of record on January 31, 2026. Duyuru • Jan 06
Peyto Exploration & Development Corp. announced that it has received CAD 100 million in funding Peyto Exploration & Development Corp. announced a private placement to issue 5.03% non convertible senior secured notes for the gross proceeds of CAD 100,000,000 on January 5, 2026. Interest will be paid semi-annually in arrears and notes will be matured on January 5, 2033. Duyuru • Dec 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to December 2025, Payable on January 15, 2026 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to December 2025 of $0.11 per common share is to be paid on January 15, 2026, for shareholders of record on December 31, 2025. Duyuru • Nov 15
Peyto Exploration & Development Corp. Confirms Monthly Dividend for December 15, 2025, Payable on December 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to November 2025 of $0.11 per common share is to be paid on December 15, 2025, for shareholders of record on November 30, 2025. Duyuru • Oct 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for November 14, 2025, Payable on November 14, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to October 2025 of $0.11 per common share is to be paid on November 14, 2025, for shareholders of record on October 31, 2025. Duyuru • Sep 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for October 15, 2025, Payable on October 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to September 2025 of $0.11 per common share is to be paid on October 15, 2025, for shareholders of record on September 30, 2025. Duyuru • Aug 16
Peyto Exploration & Development Corp. Confirms August 2025 Monthly Dividend Payment, Payable on September 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to August 2025 of $0.11 per common share is to be paid on September 15, 2025, for shareholders of record on August 31, 2025. Duyuru • Jul 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for August 15, 2025, Payable on August 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to July 2025 of $0.11 per common share is to be paid on August 15, 2025, for shareholders of record on July 31, 2025. Duyuru • May 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to May 2025, Payable on June 13, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to May 2025 of $0.11 per common share is to be paid on June 13, 2025, for shareholders of record on May 31, 2025. Duyuru • Apr 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to April 2025, Payable on May 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to April 2025 of $0.11 per common share is to be paid on May 15, 2025, for shareholders of record on April 30, 2025. Duyuru • Mar 15
Peyto Exploration & Development Corp. Confirms Monthly Dividend, Payable on April 15, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to March 2025 of $0.11 per common share is to be paid on April 15, 2025, for shareholders of record on March 31, 2025. Duyuru • Mar 11
Peyto Exploration & Development Corp., Annual General Meeting, May 22, 2025 Peyto Exploration & Development Corp., Annual General Meeting, May 22, 2025. Location: alberta, calgary Canada Duyuru • Feb 15
Peyto Exploration & Development Corp. Confirms Monthly Dividend of February 2025, Payable on March 14, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to February 2025 of $0.11 per common share is to be paid on March 14, 2025, for shareholders of record on February 28, 2025. Duyuru • Jan 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for January 2025, Payable on February 14, 2025 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to January 2025 of $0.11 per common share is to be paid on February 14, 2025, for shareholders of record on January 31, 2025. Duyuru • Dec 14
Peyto Exploration & Development Corp. Confirms Monthly Dividend for December 2024, Payable on January 15, 2025 Peyto Exploration & Development Corp. confirms that the monthly dividend with respect to December 2024 of $0.11 per common share is to be paid on January 15, 2025, for shareholders of record on December 31, 2024. Duyuru • Nov 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for November 2024, Payable on December 13, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to November 2024 of $0.11 per common share is to be paid on December 13, 2024, for shareholders of record on November 30, 2024. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: CA$0.26 (vs CA$0.33 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.26 (down from CA$0.33 in 3Q 2023). Revenue: CA$259.3m (up 41% from 3Q 2023). Net income: CA$51.0m (down 11% from 3Q 2023). Profit margin: 20% (down from 31% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Declared Dividend • Oct 21
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 9.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (114% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Oct 16
Peyto Exploration & Development Corp. Announces October 2024 Monthly Dividend, Payable on November 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to October 2024 of $0.11 per common share is to be paid on November 15, 2024, for shareholders of record on October 31, 2024. Declared Dividend • Sep 22
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 9.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Sep 14
Peyto Exploration & Development Corp. Confirms Monthly Dividend for September 2024, Payable on October 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to September 2024 of $0.11 per common share is to be paid on October 15, 2024, for shareholders of record on September 30, 2024. Declared Dividend • Aug 26
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 9.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Aug 16
Lead Independent Director recently sold €301k worth of stock On the 15th of August, Michael MacBean sold around 31k shares on-market at roughly €9.87 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.6m more than they sold in the last 12 months. Duyuru • Aug 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend, Payable on September 13, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to August 2024 of $0.11 per common share is to be paid on September 13, 2024, for shareholders of record on August 31, 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: CA$0.26 (vs CA$0.33 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.26 (down from CA$0.33 in 2Q 2023). Revenue: CA$256.6m (up 58% from 2Q 2023). Net income: CA$51.4m (down 10% from 2Q 2023). Profit margin: 20% (down from 35% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 22
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 10%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jul 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend, Payable on August 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to July 2024 of $0.11 per common share is to be paid on August 15, 2024, for shareholders of record on July 31, 2024. Declared Dividend • Jun 24
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 9.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 15
Peyto Exploration & Development Corp. Confirms Monthly Dividend for June 2024, Payable on July 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to June 2024 of $0.11 per common share is to be paid on July 15, 2024, for shareholders of record on June 30, 2024. Declared Dividend • May 20
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 9.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: CA$0.51 (vs CA$0.52 in 1Q 2023) First quarter 2024 results: EPS: CA$0.51. Revenue: CA$345.2m (up 7.5% from 1Q 2023). Net income: CA$99.9m (up 11% from 1Q 2023). Profit margin: 29% (in line with 1Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Duyuru • May 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend, Payable on June 14, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to May 2024 of $0.11 per common share is to be paid on June 14, 2024, for shareholders of record on May 31, 2024. Upcoming Dividend • Apr 25
Upcoming dividend of CA$0.11 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 15 May 2024. Payout ratio and cash payout ratio are on the higher end at 81% and 97% respectively. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%). Upcoming Dividend • Apr 25
Upcoming dividend of CA$0.11 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 15 May 2024. Payout ratio and cash payout ratio are on the higher end at 81% and 97% respectively. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%). Declared Dividend • Apr 23
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 9.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend of April 2024, Payable on May 15, 2024 Peyto Exploration & Development Corp. confirms that the monthly dividend with respect to April 2024 of $0.11 per common share is to be paid on May 15,2024, for shareholders of record on April 30, 2024. Declared Dividend • Mar 25
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 9.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend of March 2024, Payable on April 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to March 2024 of $0.11 per common share is to be paid on April 15, 2024, for shareholders of record on March 31, 2024. New Risk • Mar 10
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (110% cash payout ratio). Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: CA$1.64 (vs CA$2.29 in FY 2022) Full year 2023 results: EPS: CA$1.64 (down from CA$2.29 in FY 2022). Revenue: CA$1.01b (down 32% from FY 2022). Net income: CA$292.6m (down 25% from FY 2022). Profit margin: 29% (up from 27% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 26
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 28th February 2024 Payment date: 15th March 2024 Dividend yield will be 9.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend of February 2024, Payable on March 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to February 2024 of $0.11 per common share is to be paid on March 15, 2024, for shareholders of record on February 29, 2024. Upcoming Dividend • Jan 23
Upcoming dividend of CA$0.11 per share at 10% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Payout ratio is a comfortable 63% and the cash payout ratio is 75%. Trailing yield: 10%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.2%). Declared Dividend • Jan 19
Dividend of CA$0.11 announced Shareholders will receive a dividend of CA$0.11. Ex-date: 30th January 2024 Payment date: 15th February 2024 Dividend yield will be 11%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jan 16
Peyto Exploration & Development Corp Announces Monthly Dividend of January 2024, Payable on February 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to January 2024 of $0.11 per common share is to be paid on February 15, 2024, for shareholders of record on January 31, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.11 per share at 11% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 63% and the cash payout ratio is 75%. Trailing yield: 11%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.1%). Duyuru • Dec 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend for December 2023, Payable on January 15, 2024 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to December 2023 of $0.11 per common share is to be paid on January 15, 2024, for shareholders of record on December 31, 2023. Upcoming Dividend • Nov 22
Upcoming dividend of CA$0.11 per share at 10% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 75%. Trailing yield: 10%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.8%). Duyuru • Nov 17
Peyto Exploration & Development Corp. Announces Monthly Dividend for November 2023, Payable on December 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to November 2023 of CAD 0.11 per common share is to be paid on December 15, 2023, for shareholders of record on November 30, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: CA$0.33 (vs CA$0.50 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.33 (down from CA$0.50 in 3Q 2022). Revenue: CA$217.3m (down 42% from 3Q 2022). Net income: CA$57.4m (down 32% from 3Q 2022). Profit margin: 26% (up from 23% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Oct 31
Now 21% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €12.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Oct 23
Upcoming dividend of CA$0.11 per share at 9.4% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.6%). Duyuru • Oct 19
Peyto Exploration & Development Corp. announced that it expects to receive CAD 160 million in funding Peyto Exploration & Development Corp. announced a private placement to issue 6.46% non convertible senior secured notes at an issue price of CAD 160,000,000 for the gross proceeds of CAD 160,000,000 on October 17, 2023. Interest will be paid semi-annually in arrears Closing of the private placement is expected to occur on October 24, 2023. The notes will be matured on October 31, 2030. Duyuru • Oct 15
Peyto Exploration & Development Corp. Confirms Dividend for the Month of October 2023, Payable on November 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to October 2023 of $0.11 per common share is to be paid on November 15, 2023, for shareholders of record on October 31, 2023. Duyuru • Sep 28
Peyto Exploration & Development Corp. has completed a Follow-on Equity Offering in the amount of CAD 175.049 million. Peyto Exploration & Development Corp. has completed a Follow-on Equity Offering in the amount of CAD 175.049 million.
Security Name: Subscription Receipts
Security Type: Common Stock
Securities Offered: 14,710,000
Price\Range: CAD 11.9
Discount Per Security: CAD 0.476
Transaction Features: Regulation S; Rule 144A Recent Insider Transactions • Sep 22
Independent Chairman of the Board recently bought €704k worth of stock On the 20th of September, Donald Gray bought around 80k shares on-market at roughly €8.79 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Donald has been a buyer over the last 12 months, purchasing a net total of €3.5m worth in shares. Duyuru • Sep 16
Peyto Exploration & Development Corp. Confirms Monthly Dividend with Respect to September 2023 on Common Share, Payable on October 13, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to September 2023 of $0.11 per common share is to be paid on October 13, 2023, for shareholders of record on September 30, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of CA$0.11 per share at 11% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%). Duyuru • Aug 17
Peyto Exploration & Development Corp. Confirms Monthly Dividend for August 2023, Payable on September 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to August 2023 of $0.11 per common share is to be paid on September 15, 2023, for shareholders of record on August 31, 2023. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: CA$0.33 (vs CA$0.56 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.33 (down from CA$0.56 in 2Q 2022). Revenue: CA$210.6m (down 47% from 2Q 2022). Net income: CA$57.4m (down 39% from 2Q 2022). Profit margin: 27% (up from 24% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 21
Upcoming dividend of CA$0.11 per share at 11% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Duyuru • Jul 15
Peyto Exploration & Development Corp. Confirms Dividend for the Month of July 2023, Payable on August 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to July 2023 of $0.11 per common share is to be paid on August 15, 2023, for shareholders of record on July 31, 2023. Duyuru • Jun 16
Peyto Exploration & Development Corp. Confirms Dividend for the Month of June 2023, Payable on July 14, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to June 2023 of $0.11 per common share is to be paid on July 14, 2023, for shareholders of record on June 30, 2023. Duyuru • Jun 14
Peyto Exploration & Development Corp. Announces Board Changes Peyto Exploration & Development Corp. elected Jocelyn McMinn as director, at its AGM held on June 13, 2023. Gregory Fletcher and Kathy Turgeon did not stand for re-election as directors at the Meeting. Ms. Turgeon continues to serve as the Vice President and Chief Financial Officer of Peyto. Upcoming Dividend • May 23
Upcoming dividend of CA$0.11 per share at 11% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Duyuru • May 18
Peyto Exploration & Development Corp. Confirms Monthly Dividend for June 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to May 2023 of $0.11 per common share is to be paid on June 15, 2023, for shareholders of record on May 31, 2023. Recent Insider Transactions • May 14
Vice President of Engineering recently bought €56k worth of stock On the 12th of May, Riley Frame bought around 7k shares on-market at roughly €7.84 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €82k. Insiders have collectively bought €5.1m more in shares than they have sold in the last 12 months. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: CA$0.51 (vs CA$0.58 in 1Q 2022) First quarter 2023 results: EPS: CA$0.51 (down from CA$0.58 in 1Q 2022). Revenue: CA$253.8m (down 18% from 1Q 2022). Net income: CA$90.0m (down 8.0% from 1Q 2022). Profit margin: 35% (up from 32% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 1.2% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.11 per share at 11% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). Recent Insider Transactions • Mar 18
CEO, President & Director recently bought €82k worth of stock On the 16th of March, Jean-Paul Lachance bought around 10k shares on-market at roughly €8.15 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €136k. Jean-Paul has been a buyer over the last 12 months, purchasing a net total of €1.1m worth in shares. Reported Earnings • Mar 11
Full year 2022 earnings released: EPS: CA$2.29 (vs CA$0.92 in FY 2021) Full year 2022 results: EPS: CA$2.29 (up from CA$0.92 in FY 2021). Revenue: CA$1.13b (up 35% from FY 2021). Net income: CA$390.7m (up 157% from FY 2021). Profit margin: 35% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of CA$0.11 per share at 12% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%). Duyuru • Feb 16
Peyto Exploration & Development Corp. Announces Monthly Dividend for February 2023, Payable on March 15, 2023 Peyto Exploration & Development Corp. confirmed that the monthly dividend with respect to February 2023 of $0.11 per common share is to be paid on March 15, 2023, for shareholders of record on February 28, 2023. Dividends paid by the company to Canadian residents are eligible dividends for Canadian income tax purposes. Recent Insider Transactions • Jan 27
Corporate Secretary recently bought €136k worth of stock On the 25th of January, Stephen Chetner bought around 15k shares on-market at roughly €9.05 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €2.8m. Insiders have collectively bought €5.0m more in shares than they have sold in the last 12 months.