PEYUF Stock Recent News

Canadian natural gas firm Peyto Exploration & Development said on Wednesday that it has agreed to buy Spanish energy company Repsol's Canada unit for $468 million.

Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants JP Lachance - President & CEO Riley Frame - VP, Engineering Tavis Carlson - VP, Finance Conference Call Participants Chris Thompson - CIBC World Markets Operator Good day, and thank you for standing by. Welcome to the Peyto's Q2 2023 Financial Results Conference Call.

Peyto Exploration & Development Corp. is slowly adding rich gas production to its traditional dry gas production business. The main business strategy is to keep the dry gas costs where possible while adding the additional value of rich gas production and sales. The margin goal for the current year is one of the better results in several years.

Peyto Exploration is a large natural gas producer with a low production cost. Existing hedges and exposure to different markets are helping the company to boost its realized price.

Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q1 2023 Earnings Conference Call May 11, 2023 11:00 AM ET Company Participants JP Lachance – President and Chief Executive Officer Tavis Carlson – Vice President-Finance Kathy Turgeon – Chief Financial Officer Riley Frame – Vice President-Engineering Lee Curran – Vice President-Drilling and Completions Conference Call Participants Chris Thompson – CIBC World Markets Operator Thank you for standing by, and welcome to the Peyto's First Quarter 2023 Financial Results Conference Call. At this time, all participants are in listen-only mode.

Stock repurchases will not happen. The aim is to be the most profitable primarily natural gas producer.

The spate of acquisitions by a management that usually does not acquire is significant to investors. I usually do not have a sell price goal until I see a lot of industry insiders selling. Right now, they are clearly on the buy side with Peyto Exploration & Development Corp.

Peyto is a Canada-based natural gas producer with exposure to (higher) US prices. The high net debt is decreasing fast, despite the investments in production growth.

Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q3 2022 Earnings Conference Call November 10, 2022 11:00 AM ET Company Participants Darren Gee - CEO JP Lachance - President and COO Derick Czember - VP, Land Kathy Turgeon - CFO Conference Call Participants Chris Thomas - CIBC Michael Beal - Davenport Operator Good day, and thank you for standing by and welcome to Peyto's Q3 2022 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Flying mud in July means that activity will be minimal until things dry out. This condition may weaken some ROEs of wells that are usually hooked to production faster.