Peyto Explorationdevelopment Corp Stock Today
| PEY Stock | CAD 15.57 0.27 1.76% |
Performance16 of 100
| Odds Of DistressLess than 6
|
Peyto ExplorationDevel is selling at 15.57 as of the 25th of April 2024; that is 1.76 percent up since the beginning of the trading day. The stock's open price was 15.3. Peyto ExplorationDevel has only a 6 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Peyto ExplorationDevelopment Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Energy |
Peyto Exploration Development Corp., an energy company, engages in the acquisition, exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. Peyto Exploration Development Corp. was founded in 1998 and is headquartered in Calgary, Canada. The company has 194.54 M outstanding shares of which 3.5 M shares are at this time shorted by private and institutional investors with about 4.09 days to cover all short positions. More on Peyto ExplorationDevelopment Corp
Moving together with Peyto Stock
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Moving against Peyto Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Peyto Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Peyto ExplorationDevel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Peyto ExplorationDevel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Darren Gee | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Peyto ExplorationDevel's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Peyto ExplorationDevel's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Peyto ExplorationDevel's financial leverage. It provides some insight into what part of Peyto ExplorationDevel's total assets is financed by creditors.
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Peyto ExplorationDevelopment Corp (PEY) is traded on Toronto Exchange in Canada and employs 20 people. Peyto ExplorationDevel is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Peyto ExplorationDevel's market, we take the total number of its shares issued and multiply it by Peyto ExplorationDevel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Peyto ExplorationDevel operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 194.54 M outstanding shares of which 3.5 M shares are at this time shorted by private and institutional investors with about 4.09 days to cover all short positions.
Peyto ExplorationDevelopment Corp has accumulated about 5.71 M in cash with 644.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Peyto ExplorationDevel Probability Of Bankruptcy
Ownership AllocationPeyto ExplorationDevel has a total of 194.54 Million outstanding shares. Roughly 80.0 pct. of Peyto ExplorationDevel outstanding shares are held by general public with 2.51 % owned by insiders and only 17.8 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Peyto Ownership Details
Peyto Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Peyto ExplorationDevel jumping above the current price in 90 days from now is about 6.12%. The Peyto ExplorationDevelopment Corp probability density function shows the probability of Peyto ExplorationDevel stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Peyto ExplorationDevel has a beta of 0.4207 indicating as returns on the market go up, Peyto ExplorationDevel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Peyto ExplorationDevelopment Corp will be expected to be much smaller as well. Additionally, peyto ExplorationDevelopment Corp has an alpha of 0.2619, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Peyto ExplorationDevel to move above the current price in 90 days from now is about 6.12 (This Peyto ExplorationDevelopment Corp probability density function shows the probability of Peyto Stock to fall within a particular range of prices over 90 days) .
Peyto ExplorationDevel Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Peyto ExplorationDevel market risk premium is the additional return an investor will receive from holding Peyto ExplorationDevel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Peyto ExplorationDevel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Peyto ExplorationDevel's alpha and beta are two of the key measurements used to evaluate Peyto ExplorationDevel's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.95 |
Peyto Stock Against Markets
Picking the right benchmark for Peyto ExplorationDevel stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Peyto ExplorationDevel stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Peyto ExplorationDevel is critical whether you are bullish or bearish towards Peyto ExplorationDevelopment Corp at a given time. Please also check how Peyto ExplorationDevel's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Peyto ExplorationDevel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Peyto ExplorationDevel Corporate Directors
Peyto ExplorationDevel corporate directors refer to members of a Peyto ExplorationDevel board of directors. The board of directors generally takes responsibility for the Peyto ExplorationDevel's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Peyto ExplorationDevel's board members must vote for the resolution. The Peyto ExplorationDevel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Brian Davis | Independent Director | Profile | |
| Michael MacBean | Lead Independent Director | Profile | |
| John Rossall | Independent Director | Profile | |
| Stephen Chetner | Corporate Legal Counsel, Corporate Secretary and Director | Profile |
How to buy Peyto Stock?
Before investing in Peyto ExplorationDevel, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Peyto ExplorationDevel. To buy Peyto ExplorationDevel stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Peyto ExplorationDevel. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Peyto ExplorationDevel stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Peyto ExplorationDevelopment Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Peyto ExplorationDevelopment Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Peyto ExplorationDevelopment Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Peyto ExplorationDevelopment Corp?
The danger of trading Peyto ExplorationDevelopment Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Peyto ExplorationDevel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Peyto ExplorationDevel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Peyto ExplorationDevel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peyto ExplorationDevelopment Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Peyto Stock analysis
When running Peyto ExplorationDevel's price analysis, check to measure Peyto ExplorationDevel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Peyto ExplorationDevel is operating at the current time. Most of Peyto ExplorationDevel's value examination focuses on studying past and present price action to predict the probability of Peyto ExplorationDevel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peyto ExplorationDevel's price. Additionally, you may evaluate how the addition of Peyto ExplorationDevel to your portfolios can decrease your overall portfolio volatility.
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