Q1 Earnings Estimate for TSE:PEY Issued By Atb Cap Markets

Peyto Exploration & Development Corp. (TSE:PEY) – Atb Cap Markets lifted their Q1 2025 EPS estimates for Peyto Exploration & Development in a note issued to investors on Wednesday, November 13th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.61 for the quarter, up from their prior forecast of $0.60. Atb Cap Markets also issued estimates for Peyto Exploration & Development’s Q2 2025 earnings at $0.56 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.48 EPS and FY2026 earnings at $2.43 EPS.

Peyto Exploration & Development (TSE:PEY) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.27 by C($0.01). Peyto Exploration & Development had a return on equity of 11.86% and a net margin of 32.88%. The firm had revenue of C$256.55 million for the quarter, compared to analysts’ expectations of C$257.10 million.

A number of other research analysts also recently commented on PEY. Atlantic Securities increased their price target on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Monday, October 7th. TD Securities decreased their price target on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Finally, National Bankshares upped their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$17.60.

Peyto Exploration & Development Stock Performance

TSE:PEY opened at C$15.62 on Friday. Peyto Exploration & Development has a 1-year low of C$11.09 and a 1-year high of C$16.32. The stock has a market cap of C$3.05 billion, a P/E ratio of 10.08, a PEG ratio of -0.46 and a beta of 1.75. The company has a debt-to-equity ratio of 50.02, a current ratio of 1.15 and a quick ratio of 0.32. The firm has a 50-day moving average of C$15.15 and a two-hundred day moving average of C$14.95.

Insider Buying and Selling

In other news, Senior Officer Derick Nathan Czember sold 35,000 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of C$14.75, for a total value of C$516,250.00. Also, Senior Officer Todd Burdick sold 57,810 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$14.41, for a total transaction of C$832,845.55. In the last quarter, insiders have bought 35,675 shares of company stock valued at $522,419 and have sold 188,740 shares valued at $2,744,924. Corporate insiders own 2.36% of the company’s stock.

Peyto Exploration & Development Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.32 annualized dividend and a dividend yield of 8.45%. Peyto Exploration & Development’s dividend payout ratio is currently 85.16%.

About Peyto Exploration & Development

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.