Peyto Exploration & Dev. (PEY.TO) Update - Jan 28

[dan_s]

My updated forecast/valuation model for Peyto has been posted to the EPG website. My current valuation is $21.00Cdn.

Peyto (PEYUF in the U.S.) is a Canadian Gasser. Thanks to it very good hedging program, it has been able to remain free cash flow positive in 2024. Cash settlements received on their hedges were $61.2Cdn million in 2023 and $238.2Cdn million during the nine months ending 9-30-2024.

Their 2025 D&C program should increase production by 8% to 10% and push free cash flow over $300Cdn million this year.

Solid balance sheet and lots of Running Room. Dividend yield is 8.6%. Dividends are paid monthly.

Peyto has moved up to #7 in Harry's ranking of 84 energy companies.

[knusser58]

Hi Dan,
I cannot find the post.
Can you tell me where I can get it?
Regards,
Klaus