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Peyto Exploration & Development Corp. is a Canadian company engaged in the exploration, development, and production of natural gas. They comprise approximately 1.1 million acres of exploitation. Demand for natural gas for electricity production has grown by 2.8% YoY, and it is expected that as global GDP continues to grow, and even more so due to the. Peyto's management team has done an extraordinary job, discovering a total of 11.2 TCFe, which represents a spectacular growth of 21% CAGR from 1998 to 2024.
CALGARY, Alberta, July 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms 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.
Peyto marks a milestone as Canada's West Coast begins exporting natural gas. Two more Canadian export projects are nearing completion. Additional projects are now in the planning stages. U.S. natural gas exports are set to double.
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.