Peyto Exploration & Dev ( (TSE:PEY) ) has issued an announcement.
Peyto Exploration & Development Corp. reported strong financial and operational results for the fourth quarter and full year 2024, with significant increases in production and reserves. The company’s strategic hedging and diversification efforts have successfully shielded it from declining natural gas prices, allowing it to maintain a robust financial position and return substantial dividends to shareholders.
More about Peyto Exploration & Dev
Peyto Exploration & Development Corp. operates in the oil and natural gas industry, focusing on the exploration and development of natural gas and natural gas liquids in Canada. The company is known for its disciplined hedging and diversification strategies, which protect its revenues and ensure the sustainability of its dividends, capital program, and debt repayment.
YTD Price Performance: -9.82%
Average Trading Volume: 812,018
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.04B
See more data about PEY stock on TipRanks’ Stock Analysis page.
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