Peyto Exploration & Development Corp.

Peyto Exploration & Development Corp. today reports operating and financial results for the fourth quarter and 2020 fiscal year. A 55% operating margin1 combined with record low $2.07/Mcfe total supply cost helped the Company endure the lowest realized commodity prices in Company history. Annual Return on capital employed and Return on equity were 0% and -2%, respectively, despite fourth quarter earnings of $66 million or [...]

Peyto Exploration & Development Corp. is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2020. The evaluation encompassed 100% of Peyto's reserves and was conducted by InSite Petroleum Consultants . The year 2020 marks the Company's 22nd year of successful reserves development. 2020 HIGHLIGHTS For the year ended December 31, 2020, Peyto invested $235.7 million [...]

Peyto Exploration & Development Corp. confirms that the quarterly dividend with respect to fourth quarter of $0.01 per common share is to be paid on January 15, 2021, for shareholders of record on December 31, 2020. The ex-dividend date is December 30, 2020. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit [...]

Peyto Exploration & Development Corp. is pleased to present its operating and financial results for the third quarter of the 2020 fiscal year. While the COVID-19 pandemic continued to grip the world and global energy markets, Peyto was able to safely continue conducting drilling operations, achieving a significant operational milestone in the Company’s 22 year history with the completion of its 1,000th horizontal well [...]

Peyto Exploration & Development Corp. confirms that the quarterly dividend with respect to third quarter of $0.01 per common share is to be paid on October 15, 2020, for shareholders of record on September 30, 2020. The ex-dividend date is September 29, 2020. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit [...]

Peyto Exploration & Development Corp. presents its operating and financial results for the second quarter of the 2020 fiscal year. The economic impact of the COVID-19 pandemic on world energy demand and consequently North American commodity prices was considerable in the quarter, and while Peyto’s industry leading costs structure helped shield some of the financial impact, the Company still experienced the lowest realized [...]

Peyto Exploration & Development Corp. announces today an operational update, amended credit and note purchase agreements, and reaffirms its 2020 capital guidance supported by the Company’s sustainable business model. The COVID-19 pandemic has had an unprecedented impact on near term hydrocarbon demand and placed a considerable economic burden on a struggling Canadian energy industry. Lower commodity prices, decreased [...]

Peyto Exploration & Development Corp. herein presents its operating and financial results for the first quarter of the 2020 fiscal year. The unprecedented global pandemic which disrupted world energy demand, in combination with an untimely market share price war amongst certain OPEC+ members, led to severe commodity price volatility in the quarter. Peyto’s industry leading costs structure allowed it to preserve a 55 [...]

Peyto Exploration & Development Corp. is pleased to announce that the nominees listed in the information circular – proxy statement dated March 25, 2020 were elected as directors of Peyto at Peyto's annual and special meeting of shareholders held May 7, 2020. The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by ballot, each of the [...]

Peyto Exploration & Development Corp. reminds shareholders that, in light of the ongoing public health crisis related to the COVID-19 pandemic, and in order to reduce potential risks to the health and safety of its shareholders, employees and other stakeholders, it is strongly urging shareholders and others to remain at home and not attend in person at the Company's annual and special meeting of shareholders to be held on [...]