PEYTO EXPLORATION & DEVELOPMENT CORP. Financials Peyto Exploration & Development Corp.
Equities
PEY
CA7170461064
Oil & Gas Exploration and Production
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.92 CAD | +0.95% |
|
+4.94% | +32.23% |
| May. 15 | Peyto Exploration & Development Corp. Confirms Monthly Dividend, Payable on June 14, 2024 | CI |
| May. 15 | Transcript : Peyto Exploration & Development Corp., Q1 2024 Earnings Call, May 15, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 626.5 | 481.6 | 1,582 | 2,395 | 2,326 | 3,097 | - | - |
| Enterprise Value (EV) 1 | 1,740 | 1,658 | 2,681 | 3,280 | 3,689 | 4,416 | 4,223 | 4,052 |
| P/E ratio | 4.69 x | -13.3 x | - | 6.22 x | 7.43 x | 7.84 x | 6.31 x | 6.33 x |
| Yield | 6.32% | 3.08% | 1.38% | 4.33% | 11% | 8.29% | 8.29% | 8.29% |
| Capitalization / Revenue | 1.28 x | 1.24 x | 2.21 x | 2 x | 2.22 x | 2.43 x | 2.19 x | 2.17 x |
| EV / Revenue | 3.55 x | 4.26 x | 3.74 x | 2.74 x | 3.52 x | 3.47 x | 2.99 x | 2.84 x |
| EV / EBITDA | 4.7 x | 6.35 x | 5.22 x | 3.78 x | 4.86 x | 4.54 x | 3.68 x | 3.88 x |
| EV / FCF | 15.2 x | -72.1 x | 25.6 x | 10.2 x | 14.3 x | 14.9 x | 9.73 x | - |
| FCF Yield | 6.57% | -1.39% | 3.9% | 9.78% | 6.98% | 6.71% | 10.3% | - |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 164,874 | 164,932 | 167,429 | 172,673 | 193,174 | 194,544 | - | - |
| Reference price 2 | 3.800 | 2.920 | 9.450 | 13.87 | 12.04 | 15.92 | 15.92 | 15.92 |
| Announcement Date | 3/5/20 | 3/3/21 | 3/9/22 | 3/9/23 | 3/7/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 489.8 | 389 | 716.9 | 1,199 | 1,047 | 1,274 | 1,411 | 1,427 |
| EBITDA 1 | 369.9 | 261.3 | 513.7 | 866.7 | 758.3 | 971.8 | 1,148 | 1,043 |
| EBIT 1 | 126.3 | 14.53 | - | 564.1 | 442.1 | 514.4 | 611.6 | 571.6 |
| Operating Margin | 25.79% | 3.74% | - | 47.05% | 42.23% | 40.39% | 43.35% | 40.06% |
| Earnings before Tax (EBT) 1 | 69.93 | -44.34 | - | - | 384.8 | 566.2 | 677.8 | 509.4 |
| Net income 1 | 133.5 | -35.56 | - | - | 292.6 | 428.9 | 512.5 | 385.2 |
| Net margin | 27.25% | -9.14% | - | - | 27.95% | 33.67% | 36.32% | 27% |
| EPS 2 | 0.8100 | -0.2200 | - | 2.230 | 1.620 | 2.030 | 2.523 | 2.515 |
| Free Cash Flow 1 | 114.4 | -22.99 | 104.6 | 320.7 | 257.6 | 296.5 | 434 | - |
| FCF margin | 23.36% | -5.91% | 14.59% | 26.75% | 24.6% | 23.28% | 30.76% | - |
| FCF Conversion (EBITDA) | 30.93% | - | 20.36% | 37.01% | 33.97% | 30.51% | 37.8% | - |
| FCF Conversion (Net income) | 85.7% | - | - | - | 88.01% | 69.13% | 84.68% | - |
| Dividend per Share 2 | 0.2400 | 0.0900 | 0.1300 | 0.6000 | 1.320 | 1.320 | 1.320 | 1.320 |
| Announcement Date | 3/5/20 | 3/3/21 | 3/9/22 | 3/9/23 | 3/7/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | 324.6 | - | - | - | - | 332.5 | 328.8 | 339.1 | 386.1 |
| EBITDA 1 | 171 | 212.3 | 209 | 199.1 | 246.2 | 206.8 | 162.2 | - | - | 250.1 | 229 | 257 | 300 |
| EBIT 1 | - | - | - | - | 166.6 | - | - | - | - | 155.7 | 153.5 | 156.9 | 195.8 |
| Operating Margin | - | - | - | - | 51.32% | - | - | - | - | 46.81% | 46.68% | 46.27% | 50.71% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | - | 130.9 | 129.1 | 133.5 | 172.7 |
| Net income 1 | - | - | - | - | - | - | - | - | - | 99.88 | 97.6 | 100.9 | 130.5 |
| Net margin | - | - | - | - | - | - | - | - | - | 30.03% | 29.68% | 29.76% | 33.8% |
| EPS 2 | - | - | - | - | - | 0.5100 | 0.3300 | 0.3300 | 0.4600 | 0.5100 | 0.4200 | 0.5100 | 0.6600 |
| Dividend per Share 2 | 0.1000 | 0.1500 | 0.1500 | 0.1500 | 0.1500 | 0.3300 | 0.3300 | 0.3300 | 0.3300 | - | 0.3300 | - | - |
| Announcement Date | 3/9/22 | 5/11/22 | 8/10/22 | 11/10/22 | 3/9/23 | 5/11/23 | 8/10/23 | 11/9/23 | 3/7/24 | 5/14/24 | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,114 | 1,176 | 1,099 | 885 | 1,363 | 1,319 | 1,126 | 955 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.011 x | 4.502 x | 2.139 x | 1.021 x | 1.797 x | 1.357 x | 0.9806 x | 0.9151 x |
| Free Cash Flow 1 | 114 | -23 | 105 | 321 | 258 | 297 | 434 | - |
| ROE (net income / shareholders' equity) | 7.87% | -2.1% | - | 20.4% | 12.3% | 13% | 17% | - |
| ROA (Net income/ Total Assets) | 3.66% | -0.99% | - | - | - | - | - | - |
| Assets 1 | 3,643 | 3,591 | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 1.960 | 1.290 | 2.760 | 4.730 | 3.500 | 4.040 | 4.770 | 4.880 |
| Capex 1 | 206 | 236 | 365 | 507 | 413 | 456 | 482 | 509 |
| Capex / Sales | 42.14% | 60.59% | 50.92% | 42.27% | 39.44% | 35.84% | 34.19% | 35.64% |
| Announcement Date | 3/5/20 | 3/3/21 | 3/9/22 | 3/9/23 | 3/7/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
15.92
CAD
Average target price
17.86
CAD
Spread / Average Target
+12.21%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +32.23% | 2.28B | |
| +8.03% | 300B | |
| +4.15% | 142B | |
| +51.23% | 122B | |
| +20.84% | 82.35B | |
| +7.37% | 74.68B | |
| +6.46% | 56.22B | |
| +8.10% | 48.55B | |
| +27.57% | 35.25B | |
| -9.59% | 34.92B |
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