Peyto Exploration & Development stock draws a CAD 27.00 RBC target
Published on 10/08/2026 at 06:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Peyto Exploration & Development stock (ISIN CA7170461064) was last at CAD 23.82 on the Toronto Stock Exchange on October 7, 2026 at 4:00 p.m. ET, down CAD 0.01 from the prior session. The latest analyst action keeps the valuation debate centered on a CAD 27.00 target.
RBC keeps a Hold rating
According to Markets Insider on October 7, 2026, RBC Capital analyst Michael Harvey maintained a Hold rating in a report released on October 5 and kept the price target at CAD 27.00. Against the October 7 price, that target stands 13.4 percent higher.
The broader view is more constructive. MarketScreener lists an Outperform consensus from 11 analysts, with an average target of CAD 27.77 and a spread of 17.83 percent against its quoted price reference.
Q2 revenue reached CAD 295.58 million
For the quarter ended June 30, Peyto reported revenue of CAD 295.58 million and net profit of CAD 106.26 million, according to Markets Insider. Revenue was up 13.8 percent from CAD 259.75 million a year earlier, while net profit rose 21.0 percent from CAD 87.83 million.
The comparison points to stronger earnings conversion than the revenue line alone suggests. Peyto's standardized Q2 financial data also show CAD 223.884 million in operating cash flow and CAD 137.456 million in free cash flow for the quarter, while total debt stood at CAD 1.065 billion on June 30, 2026.
Monthly dividend is due October 15
Peyto confirmed on September 15, 2026, that shareholders of record on September 30 would receive a CAD 0.12 dividend on October 15. The payment keeps monthly income central to the equity story while the market weighs gas prices, production execution and the gap between the current price and analyst targets.
Stock remains below its yearly high
At CAD 23.82, Peyto's market capitalization was CAD 4.9 billion on October 7, 2026. The stock's 52-week range was CAD 18.66 to CAD 29.22, placing the latest price 18.5 percent below the yearly high.
Peyto Exploration & Development stock facts
- Company: Peyto Exploration & Development Corp.
- ISIN: CA7170461064
- Ticker: PEY
- Trading venue: Toronto Stock Exchange
- Price (as of October 7, 2026, 4:00 p.m. ET): CAD 23.82
- Market capitalization: CAD 4.9 billion (as of October 7, 2026)
- 52-week range: CAD 18.66-29.22 (as of October 7, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Upcoming dates for Peyto Exploration & Development stock
- October 15, 2026: CAD 0.12 monthly dividend payment
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