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Peyto still has a lot of recovery potential. Debt was never an issue here or the dividend would not have been restored so quickly.
Peyto is currently enjoying the high-gas pricing backdrop, but that is underpinned by multiple operational risks. Peyto is an experienced operator but subject to high decline rates and modest reserves.
Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Darren Gee - Chief Executive Officer JP Lachance - President and Chief Operating Officer Kathy Turgeon - Chief Financial Officer Scott Robinson - Vice President, Business Development Dave Thomas - Vice President, Exploration Todd Burdick - Vice President, Production Lee Curran - Vice President, Drilling and Completions Derick Czember - Vice President, Land Riley Frame - Vice President, Engineering Conference Call Participants Michael Harvey - RBC Capital Markets Travis Wood - National Bank Aaron Bilkoski - TD Securities Chris Thompson - CIBC Nathan Schwartz - Private Investor Operator Good day and thank you for standing by. Welcome to the Peyto's First Quarter 2022 Financial Results Conference Call.