Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Peyto is one of the lowest-cost natural gas producers in North America.

Peyto generated 102 thousand barrels of oil equivalent per day in the fourth quarter, well below our estimate of 119 mboe/d. Fourth-quarter production volumes translate to production growth of 5% year over year. Volumes surprised to the downside because of sales line pressures on TCPL’s pipeline system, which resulted in deferred production.  Additionally, the company generated funds from operations of CAD 145 million during the quarter, down 4% from the year-ago period.  Lower cash flow was dri...
Underlying
Peyto Exploration & Development Corp.

Peyto Energy is an unincorporated open-ended limited purpose trust established under the laws of the Province of Alberta. Through its direct and indirect subsidiaries, Co. is engaged in the acquisition, exploration, development and production of oil and natural gas in Western Canada.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

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