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

CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) provides an update on operations impacted by the wildfires in Alberta.

Peyto’s assets are proximal to a few of the fires burning in Alberta but fortunately the Company’s gas processing facilities have not been directly impacted. Peyto’s operations team and their families safely evacuated the affected areas and have now returned home to Edson.

On May 5th, Peyto shutdown two plants in the Brazeau area as a precautionary measure. No major infrastructure was damaged by the fires and the Company is in the … Continue Reading

CALGARY, Alberta, April 14, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to April 2023 of $0.11 per common share is to be paid on May 15, 2023, for shareholders of record on April 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, March 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to March 2023 of $0.11 per common share is to be paid on April 14, 2023, for shareholders of record on March 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, March 08, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the fourth quarter and 2022 fiscal year. Peyto solidified the sustainability of its dividend through reserves, production, and cash flow growth while continuing to reduce debt.

Full Year and Q4 2022 Highlights:

Strong 2022 financial metrics – Annual operating margin1,2 of 70%, combined with an annual profit margin3 of 32%, delivered a 2022 return on capital employed (“ROCE”4) of 16% and return on equity (“ROE”4) of 19%.

Record Funds from Operations5 –

… Continue Reading

CALGARY, Alberta, Feb. 16, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2022. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2022 marks the Company’s 24th year of successful reserves development.

2022 HIGHLIGHTS

Peyto replaced 165%, 159% and 167% of annual production with new Proved Developed Producing, (“PDP”), Total Proved (“TP”), and Total Proved plus Probable (“P+P”) reserves using 64% of Funds from Operations1,2, (“FFO”) while growing annual production by

… Continue Reading

CALGARY, Alberta, Feb. 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to February 2023 of $0.11 per common share is to be paid on March 15, 2023, for shareholders of record on February 28, 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, Jan. 13, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to January 2023 of $0.11 per common share is to be paid on February 15, 2023, for shareholders of record on January 31, 2023. The ex-dividend date for the January dividend is January 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 … Continue Reading