CALGARY, Alberta, Sept. 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to September 2023 of $0.11 per common share is to be paid on October 13, 2023, for shareholders of record on September 30, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various … Continue Reading

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta , Sept. 07, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to announce that due to strong demand, it has increased the size of the previously announced public offering of subscription receipts (“Subscription Receipts”) to 14,710,000 Subscription Receipts at a price of $11.90 per Subscription Receipt (the “Offering Price”) for gross proceeds of approximately $175 million (the “Equity Offering”). The Company previously entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by BMO … Continue Reading

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to announce it has entered into a partnership interest purchase agreement to acquire Repsol Canada Energy Partnership, which holds the Canadian upstream oil and gas business of Repsol Exploración, S.A.U., including all related midstream facilities and infrastructure located predominantly in the Deep Basin (collectively the “Assets”), for cash consideration of US$468 million (CDN$636 million) (“the Acquisition”) subject to closing adjustments. The Acquisition is expected … Continue Reading

CALGARY, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to August 2023 of $0.11 per common share is to be paid on September 15, 2023, for shareholders of record on August 31, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various … Continue Reading

CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the second quarter of 2023. A 70% operating margin1,2, combined with a 26% profit margin3 in the quarter delivered a return on capital employed (“ROCE”4) of 13% and return on equity (“ROE”4) of 15%, on a trailing 12-month basis. Additional highlights included:

Funds from Operations5 of $0.81/diluted share – Generated $142 million in funds from operations (“FFO”) in Q2 2023, down 31% from Q2 2022 despite a 71% decline in the Henry Hub

… Continue Reading

CALGARY, Alberta, July 14, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to July 2023 of $0.11 per common share is to be paid on August 15, 2023, for shareholders of record on July 31, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various … Continue Reading

CALGARY, Alberta, June 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to June 2023 of $0.11 per common share is to be paid on July 14, 2023, for shareholders of record on June 30, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various … Continue Reading

CALGARY, Alberta, June 13, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX – PEY) (“Peyto“) is pleased to announce that the nominees listed in the information circular – proxy statement dated March 28, 2023 were elected as directors of Peyto at Peyto’s annual meeting of shareholders (the “Meeting“) held today, June 13, 2023. 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 following eight nominees proposed by management was elected as a director of Peyto:

Nominee   Outcome… Continue Reading

CALGARY, Alberta, May 18, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company“) announces that the annual general meeting of shareholders (the “Meeting“) was convened and adjourned yesterday, as planned and previously announced, without any business being conducted. The Meeting has been adjourned to June 13, 2023 at 3:00 p.m. (Calgary time) in order to give shareholders additional time to cast their votes at the Meeting and will be held at the Sheraton Suites Calgary Eau Claire, Wildrose Ballroom, 255 Barclay Parade S.W., Calgary, Alberta T2P 5C2.

The Company may use Broadridge Financial Solutions … Continue Reading

Meeting adjourned to June 13, 2023 at 3:00 p.m.

Shareholders with questions or who require assistance voting their shares should contact Laurel Hill Advisory Group (“Laurel Hill”) toll free within North America at 1-877-452-7184 (1-416-304-0211 outside North America), or by email at assistance@laurelhill.com.

CALGARY, Alberta, May 16, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company“) today announces that it intends to adjourn the annual general meeting of shareholders (the “Meeting“) currently scheduled for May 17, 2023 at 3:00 p.m. (Calgary time), and to reconvene the Meeting on June 13, 2023 at … Continue Reading

CALGARY, Alberta, May 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to May 2023 of $0.11 per common share is to be paid on June 15, 2023, for shareholders of record on May 31, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various … Continue Reading

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the first quarter of 2023. A 71% operating margin1,2, combined with a 32% profit margin3 in the quarter delivered a return on capital employed (“ROCE”4) of 14% and return on equity (“ROE”4) of 17%, on a trailing 12-month basis. Additional highlights included:

Strong Funds from Operations5 of $1.02/diluted share – Generated $180 million in funds from operations (“FFO”) in Q1 2023, despite lower realized commodity prices, and current income tax of $19 million

… Continue Reading