PEYUF Stock Recent News

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.

Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Jean-Paul Lachance - President and Chief Executive Officer Todd Burdick - Vice President, Production Conference Call Participants Chris Thompson - CIBC World Markets Eric Busslinger - Unconventional Energy Research Operator Good day, everyone, and thank you for standing by. Welcome to Peyto's Fourth Quarter 2024 Financial Results Conference Call.

CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Tuesday, March 11, 2025, by Peyto Exploration & Development Corp., please note that in the table under Hedging, the following amounts in the line for "Natural Gas" should be "4.14" for 2025 and "4.02" for 2026, not "4.01" and "4.51", respectively. The corrected release follows:

CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report operating and financial results for the fourth quarter and 2024 fiscal year, and senior management additions.

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2024. The evaluation encompassed 100% of Peyto's reserves and was conducted by GLJ Ltd. ("GLJ"). The year 2024 marks the Company's 26th year of successful reserves development.

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

Peyto's strategic winter campaign will capitalize on strong natural gas prices. The Repsol acreage acquisition aims to reduce costs and enhance revenue. The increased leverage is offset by lower production costs and the increasing ability of North America to export natural gas.

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