Risk factor
Low price volatility
Profitability factor
Solid dividends
About
Peyto Exploration & Development Corp. is an energy company primarily focused on discovering, developing, and extracting crude oil, natural gas, and natural gas liquids from Alberta's Deep Basin region. As of December 31, 2021, the company held total proved and probable reserves of 904 million barrels of oil equivalent. Founded in 1998, the firm was initially known as Peyto Energy Trust before changing to its current name in January 2011. Its corporate headquarters are situated in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is underpriced on P/E, of fair value
Target Price
The average target price of PEY.TO is 29 and suggests 14% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation