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Peyto Exploration & Development Q1 Earnings Call Highlights

Peyto Exploration & Development (TSE:PEY) reported record first-quarter 2026 production, funds from operations and earnings, as management said stronger pricing, low costs and market diversification supported debt reduction and a dividend increase.

President and CEO JP Lachance said the company spent CAD 150 million during the quarter while reducing debt by another CAD 89 million. Since the company’s Repsol acquisition in October 2023, Peyto has reduced debt by CAD 275 million, he said.

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