Peyto Exploration & Development Corp trades with the ticker PEY on the TSX and is in the Oil & Gas E&P industry.
Overview
Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, 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. in January 2011. Peyto Exploration & Development Corp. was founded in 1998 and is headquartered in Calgary, Canada.
Looking to invest in Peyto Exploration & Development Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PEY.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $2857.472MM
PE Ratio: 8.244
Price: 20.14 (Updated: 3/12/2024 0:47:16)
Peyto Exploration & Development Corp (PEY) vs Competitors in Oil & Gas E&P
Lets see how PEY.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Peyto Exploration & Development Corp (PEY) vs Advantage Oil & Gas Ltd (AAV)
- PEY has higher EPS (1.8 vs 0.59). PEY provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 8.244) indicating it’s more expensive.
- Peyto Exploration & Development Corp (PEY) vs Africa Oil Corp (AOI)
- PEY has higher EPS (1.8 vs 0.24). PEY has higher dividend yield (8.9% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 8.244) indicating it’s more expensive.
- Peyto Exploration & Development Corp (PEY) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 1.8). PEY has higher dividend yield (8.9% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 8.244) indicating it’s more expensive.
- Peyto Exploration & Development Corp (PEY) vs Athabasca Oil Corporation (ATH)
- PEY has higher EPS (1.8 vs -0.09). PEY provides dividends, while ATH does not. ATH has a P/E under 0, indicating PEY (P/E 8.244) is in a better position.
- Peyto Exploration & Development Corp (PEY) vs Birchcliff Energy Ltd (BIR)
- PEY has higher EPS (1.8 vs 0.32). PEY has higher dividend yield (8.9% vs 7.2%). BIR has a higher P/E ratio (17.25 vs 8.244) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (8.24) than the industry average (8.87), indicating potential undervaluation. Features a lower EV/EBITDA ratio (4.83) than the industry average (7.57), indicating attractive valuation.
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