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Peyto Exploration & Development Corp PEY

Morningstar’s Analysis

Valuation
Currency in CAD

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Certain Upstream Oil Names Under Review, Pending Coverage Evaluation

Analyst Note

| Dave Meats, CFA |
We are putting several upstream oil names under review, while we evaluate our coverage universe. This includes Arc Resources, Canadian Natural Resources, Cenovus Energy, Crescent Point Energy, Gran Tierra Energy, Imperial Oil, MEG Energy, Pembina Pipeline, Peyto Exploration and Development, Suncor Energy, and Tourmaline Oil.
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Company Profile

Business Description

Peyto Exploration & Development is a Canadian energy company involved in the development and production of natural gas in Alberta’s deep basin. Production averaged 80 thousand barrels of oil equivalent per day in 2020, weighted approximately 86% to natural gas and 14% to natural gas liquids and oil. The company estimates that it holds approximately 590 million boe of proved and probable hydrocarbon reserves.

Contact
600 - 3rd Avenue SW, Suite 300
Calgary, AB, T2P 0G5, Canada
T +1 403 261-6081
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 51

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