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Peyto Exploration & Development Corp (PEY.TO)

PEY.TO on Toronto Stock Exchange

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Change (% chg)

$-0.63 (-4.88%)
Prev Close
$12.92
Open
$12.93
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$12.96
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$12.25
Volume
1,858,511
Avg. Vol
1,335,598
52-wk High
$30.52
52-wk Low
$12.25

Latest Key Developments (Source: Significant Developments)

Peyto says monthly dividend will be reduced to $0.06 per share
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Peyto Exploration & Development Corp ::PEYTO REPORTS ACHIEVEMENT OF YEAR END PRODUCTION TARGET AND REVISES 2018 OUTLOOK.‍EXPECTS TO REPORT ANOTHER PROFITABLE AND SUCCESSFUL YEAR IN 2017​.‍DEVELOPMENT PLANS DEFERRED AND CAPITAL BUDGET REDUCED TO $200-$250 MILLION​ FOR 2018.- REVISED CAPITAL PLAN FOR 2018 IN LIGHT OF RECENT 40% DECLINE IN NEAR-TERM NATURAL GAS PRICES​.‍MONTHLY DIVIDEND WILL BE REDUCED FROM CURRENT $0.11/SHARE TO $0.06/SHARE​.- ‍SCOTT ROBINSON, PEYTO'S CURRENT CHIEF OPERATING OFFICER (COO) HAS DECIDED TO TRANSITION TOWARDS RETIREMENT​.‍AVERAGE PRODUCTION FOR YEAR 2018 IS EXPECTED TO BE 2% LOWER THAN 2017.​.PEYTO EXPLORATION & DEVELOPMENT -APPOINTED ‍JEAN-PAUL LACHANCE, PEYTO'S CURRENT VP EXPLOITATION, TO POSITION OF EXECUTIVE VP OF ENGINEERING AND COO​.  Full Article

Peyto announces Q3 FFO per share c$0.85
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Peyto Exploration & Development Corp :Peyto announces Q3 2017 results, earnings per share up 93%.Q3 FFO per share c$0.85.Peyto Exploration & Development Corp - ‍Q3 2017 production of 612 MMCFE/D (101,951 boe/d) was up 6pct from q3 2016​.Peyto Exploration & Development - ‍board has approved a preliminary first half 2018 budget which includes a capital program of approximately $150 million​.Peyto Exploration & Development Corp - ‍for second half of 2018, Peyto intends to embark on a larger capital program of approximately $300 million​.  Full Article

Peyto Exploration & Development announces closing of $172.5 mln equity offering
Wednesday, 18 May 2016 

Peyto Exploration & Development Corp :Announces closing of $172.5 million equity offering.  Full Article

Peyto Exploration & Development Q1 FFO per share C$0.88
Wednesday, 11 May 2016 

Peyto Exploration & Development Corp : Q1 2016 production increased to 609 MMCFE/D from 490 MMCFE/D . Has elected to hold approximately 10,000 BOE/D of new 2016 production additions offline from April to October . Received board of director approval to increase pace of its near term hedging program, up to 85% of forecast volumes . Peyto earns $42 million in Q1 2016 .Q1 FFO per share C$0.88.  Full Article

BRIEF-Peyto announces Q3 FFO per share c$0.85

* Peyto Exploration & Development Corp - ‍Q3 2017 production of 612 MMCFE/D (101,951 boe/d) was up 6pct from q3 2016​