Peyto Exploration and Development

#3761

Rank

$2.7B

Marketcap

Canada

Country

Leadership team

Mr. Darren Gee (CEO, Pres & Director)

Mr. Jean-Paul H. Lachance (Pres & COO)

Ms. Kathy Turgeon CA (VP of Fin., CFO & Director)

Products/ Services

Clean Energy, Energy, Oil and Gas, Sustainability

Headquarters

Calgary, Alberta, Canada

Established

1997

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

PEY.TO

URL

https://www.peyto.com

Overview

Location

Recognition and Award

References

Summary

Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As of December 31, 2021, it had a total proved plus probable reserves of 904 million barrels of oil equivalent. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011. Peyto Exploration & Development Corp. was founded in 1998 and is headquartered in Calgary, Canada.

History

Peyto was established in 1998 and incorporated on August 18, 2000 with a core group of Alberta-based natural gas producers. The Peyto team built, with their expertise and financial clout, a successful gas exploitation business and are currently one of Canada’s largest natural gas producers.

Mission

At Peyto, our mission is to build long-term value for our stakeholders from responsible development of our natural gas resources.

Vision

Our vision is to build a profitable business, investing and reinvesting our cash flow in the production and exploration of natural gas resources and work towards a low carbon future.

Key Team

Mr. David Alan Thomas (VP of Exploration)

Mr. Lee Russell Curran (VP of Drilling & Completions)

Mr. Scott Robinson P.Eng. (VP of Bus. Devel.)

Mr. Todd Burdick (VP of Production)

Lydia Hamaliuk (Mang. of HR)

Mr. Stephen Jonathan Chetner (Corp. Sec.)

Mr. Timothy Louie (VP of Land)

Recognition and Awards

Peyto has been consistently recognized for their commitment to outstanding safety performance, environmental stewardship, social responsibility, culture and performance. In 2018, Peyto was named one of Canada’s 10 Most Admired Corporate Cultures and one of Alberta’s Top 70 Employers.