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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.
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.