CA - Peyto Exploration GAAP EPS of $0.64 revenue of $324.61M beats by $100.09M
2023-03-09 02:53:31 ET
- Peyto Exploration press release ( OTCPK:PEYUF ): Q4 GAAP EPS of $0.64.
- Q4 2022 FFO was $221M ($1.26/diluted share), up 33% from Q4 2021.
- Q4 2022 production of 104,944 boe/d (553 MMcf/d of natural gas and 12,840 bbl/d of natural gas liquids), was up 8% over Q4 2021.
- Revenue of $324.61M (+37.3% Y/Y) beats by $100.09M .
- Outlook: The Company plans to execute a 2023 capital program between $425 to $475 million specifically designed with flexibility in the back half of the year to adjust to changing commodity prices. In the meantime, Peyto will target the lower range of the capital guidance while the Company’s systematic hedging and market diversification programs help secure revenues for future dividends and continued strengthening of the balance sheet.
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Peyto Exploration GAAP EPS of $0.64, revenue of $324.61M beats by $100.09M