PEYUF Stock Recent News

CALGARY, Alberta, June 13, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") announces the retirement of Michael (Mick) MacBean as a director and confirms the monthly dividend with respect to June 2025 of $0.11 per common share is to be paid on July 15, 2025, for shareholders of record on June 30, 2025. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

CALGARY, Alberta, May 23, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated April 2, 2025 were elected as directors of Peyto at Peyto's annual and special meeting of shareholders (the "Meeting") held on May 22, 2025. The detailed results of the votes for the election of directors, the appointment of auditors, the advisory vote on executive compensation and approval of the total shareholder return rights plan held at the Meeting are set out below.

Peyto stands out among natural gas peers with a consistently profitable hedging program. The company's low costs and robust cash flow make it one of the most profitable natural gas producers I follow. Management's disciplined sales and hedging strategies provide a long-term pricing advantage.

Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q1 2025 Earnings Conference Call May 14, 2025 11:00 AM ET Company Participants JP Lachance – President and Chief Executive Officer Riley Frame – Chief Operating Officer Todd Burdick – Vice President-Production Conference Call Participants Amir Arif – ATB Operator Hello, and welcome to Peyto's First Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating and financial results for the first quarter of 2025.

CALGARY, Alberta, April 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms 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.

Peyto's strategic acquisition and effective hedging have positioned the company for strong performance. The Repsol acquisition has outperformed legacy assets. The 2024 drilling program is forecasted to yield a 57% IRR, with Repsol lands achieving a 64% IRR and legacy lands a 50% IRR.

Peyto is a low-cost, high-margin natural gas producer offering a sustainable 8% dividend yield backed by disciplined capital allocation and strong hedging. Base-case 2030 projections suggest a potential for 19% dividend yield by 2027, resulting from production growth and rising gas prices. Even in a bear case with sub-$3 Henry Hub prices, Peyto's strong balance sheet and cost structure ensure dividend stability, offering a margin of safety for investors.

CALGARY, Alberta, March 14, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms 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.

Peyto had a better year than many competitors despite weak natural gas prices. The company's long-term hedging record is profitable. Hedging gains allowed Peyto to add approximately C$1 per MCF to natural gas selling prices for fiscal year 2024.