Latest news with #PeytoExploration&Development
Edmonton Journal
2 days ago
- Business
- Edmonton Journal
Varcoe: From no business case to promoting LNG — gas producers welcome Ottawa's new support for growing sector
Like a stone skipping across calm water, it didn't take long for comments by Federal Natural Resources Minister Tim Hodgson touting the benefits of Canadian liquefied natural gas to ripple through the energy sector. Article content Canada's LNG is cleaner than competing U.S. suppliers and there are interested buyers for it, Hodgson said Tuesday on the Vassy Kapelos Show. Article content Article content Article content For Peyto Exploration & Development CEO Jean-Paul Lachance, having the federal minister in charge of energy actively promote LNG exports from Canada — and potentially include these initiatives on Ottawa's new major projects list under Bill C-5 — is telling. Article content 'The fact we're hearing that from our own government now, the federal government, is a very positive sign. It's a long way from, 'There's no business case for LNG,' which we heard from the previous government,' Lachance said in an interview Wednesday. Article content 'That gives me some confidence that there's going to be some support for LNG projects within Canada . . . It sends the right signal to the capital markets that we're open for business here.' Article content The Carney government recently passed Bill C-5 as it seeks to expedite approval of major infrastructure deemed to be of national significance. It's now consulting over which projects should make the cut. Article content Article content The Alberta government and many industry leaders are pushing for the list to include a major export pipeline to ship more oil to the West Coast, although no proponent has made a formal project proposal. Article content Article content The prospects for new LNG projects being included on the list appear strong and could provide a shot in the arm for western Canadian natural gas producers to attract new investment and boost output. Article content The colossal Shell-led LNG Canada terminal began moving first cargoes to customers this summer, launching a new energy export sector for the country.
Calgary Herald
2 days ago
- Business
- Calgary Herald
Varcoe: From no business case to promoting LNG — gas producers welcome Ottawa's new support for growing sector
Like a stone skipping across calm water, it didn't take long for comments by Federal Natural Resources Minister Tim Hodgson touting the benefits of Canadian liquefied natural gas to ripple through the energy sector. Article content Canada's LNG is cleaner than competing U.S. suppliers and there are interested buyers for it, Hodgson said Tuesday on the Vassy Kapelos Show. Article content Article content Article content For Peyto Exploration & Development CEO Jean-Paul Lachance, having the federal minister in charge of energy actively promote LNG exports from Canada — and potentially include these initiatives on Ottawa's new major projects list under Bill C-5 — is telling. Article content Article content 'The fact we're hearing that from our own government now, the federal government, is a very positive sign. It's a long way from, 'There's no business case for LNG,' which we heard from the previous government,' Lachance said in an interview Wednesday. Article content 'That gives me some confidence that there's going to be some support for LNG projects within Canada . . . It sends the right signal to the capital markets that we're open for business here.' Article content The Carney government recently passed Bill C-5 as it seeks to expedite approval of major infrastructure deemed to be of national significance. It's now consulting over which projects should make the cut. Article content Article content The Alberta government and many industry leaders are pushing for the list to include a major export pipeline to ship more oil to the West Coast, although no proponent has made a formal project proposal. Article content Article content The prospects for new LNG projects being included on the list appear strong and could provide a shot in the arm for western Canadian natural gas producers to attract new investment and boost output. Article content The colossal Shell-led LNG Canada terminal began moving first cargoes to customers this summer, launching a new energy export sector for the country.
Yahoo
15-05-2025
- Business
- Yahoo
Peyto Exploration & Development First Quarter 2025 Earnings: Misses Expectations
Revenue: CA$347.3m (up 38% from 1Q 2024). Net income: CA$114.1m (up 14% from 1Q 2024). Profit margin: 33% (down from 40% in 1Q 2024). The decrease in margin was driven by higher expenses. EPS: CA$0.57 (up from CA$0.51 in 1Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Peyto Exploration & Development. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) also missed analyst estimates by 10%. Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Canada. Performance of the Canadian Oil and Gas industry. The company's shares are up 5.2% from a week ago. Be aware that Peyto Exploration & Development is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-03-2025
- Business
- Yahoo
3 TSX Stocks Estimated To Be Up To 48.4% Below Intrinsic Value
As the Canadian market navigates a period of sideways consolidation, investors are considering strategies to fortify their portfolios against potential volatility and uncertainty. In this environment, identifying undervalued stocks on the TSX can be an effective way to capitalize on price swings while maintaining diversification, as these investments may offer substantial intrinsic value relative to their current market prices. Name Current Price Fair Value (Est) Discount (Est) Peyto Exploration & Development (TSX:PEY) CA$15.36 CA$28.88 46.8% Docebo (TSX:DCBO) CA$45.53 CA$85.51 46.8% Decisive Dividend (TSXV:DE) CA$6.10 CA$11.31 46.1% VersaBank (TSX:VBNK) CA$15.05 CA$29.17 48.4% Major Drilling Group International (TSX:MDI) CA$7.78 CA$14.71 47.1% Groupe Dynamite (TSX:GRGD) CA$14.83 CA$27.64 46.3% Thunderbird Entertainment Group (TSXV:TBRD) CA$1.78 CA$3.30 46% Quisitive Technology Solutions (TSXV:QUIS) CA$0.56 CA$1.04 46.2% Thinkific Labs (TSX:THNC) CA$3.18 CA$6.34 49.9% GURU Organic Energy (TSX:GURU) CA$1.68 CA$3.12 46.2% Click here to see the full list of 25 stocks from our Undervalued TSX Stocks Based On Cash Flows screener. We'll examine a selection from our screener results. Overview: Cineplex Inc., along with its subsidiaries, operates as an entertainment and media company in Canada and internationally, with a market cap of CA$650.75 million. Operations: Cineplex generates revenue through three main segments: Media (CA$133.80 million), Location-Based Entertainment (CA$128.62 million), and Film Entertainment and Content (CA$1.07 billion). Estimated Discount To Fair Value: 12.8% Cineplex is trading at CA$10.09, slightly below its fair value estimate of CA$11.57, indicating potential undervaluation based on discounted cash flows. Despite recent financial challenges with a net loss of CA$37.68 million for 2024, analysts expect profitability within three years and forecast earnings growth of over 89% annually. Recent expansions like Playdium and The Rec Room aim to boost revenue streams amidst a competitive market landscape, enhancing long-term cash flow prospects. According our earnings growth report, there's an indication that Cineplex might be ready to expand. Click here and access our complete balance sheet health report to understand the dynamics of Cineplex. Overview: Converge Technology Solutions Corp. offers software-enabled IT and cloud solutions across the United States and Canada, with a market cap of CA$1.03 billion. Operations: Converge Technology Solutions Corp. generates revenue from several regions, including CA$246.82 million from the UK, CA$281.78 million from Germany, and CA$2.05 billion from North America, along with CA$9.33 million from Portage SaaS Solutions. Estimated Discount To Fair Value: 31.1% Converge Technology Solutions, trading at CA$5.45, is undervalued compared to its estimated fair value of CA$7.91, with a significant discount exceeding 20%. Despite reporting a net loss of CA$177.71 million in 2024 and slower revenue growth than the Canadian market, profitability is anticipated within three years. The recent acquisition by H.I.G. Capital values Converge at approximately CA$1.3 billion and may impact future public trading status and cash flow dynamics positively post-integration. Our earnings growth report unveils the potential for significant increases in Converge Technology Solutions' future results. Take a closer look at Converge Technology Solutions' balance sheet health here in our report. Overview: VersaBank offers a range of banking products and services in Canada and the United States, with a market cap of CA$486.05 million. Operations: VersaBank generates revenue through its diverse array of banking products and services across Canada and the United States. Estimated Discount To Fair Value: 48.4% VersaBank is trading at CA$15.05, significantly below its estimated fair value of CA$29.17, indicating a substantial discount. Despite a recent decline in net income to CA$8.14 million for Q1 2025, the bank's revenue and earnings are forecasted to grow faster than the Canadian market, with expected annual profit growth of over 55%. However, past shareholder dilution and reduced earnings per share may temper enthusiasm despite positive future projections. In light of our recent growth report, it seems possible that VersaBank's financial performance will exceed current levels. Unlock comprehensive insights into our analysis of VersaBank stock in this financial health report. Access the full spectrum of 25 Undervalued TSX Stocks Based On Cash Flows by clicking on this link. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:CGX TSX:CTS and TSX:VBNK. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
04-03-2025
- Business
- Yahoo
3 TSX Stocks That May Be Trading Below Intrinsic Value By Up To 45.2%
The Canadian market has been experiencing sideways consolidation in recent months, which may act as a corrective force amidst policy uncertainty and trade worries that keep volatility elevated. In this environment, identifying stocks that are potentially trading below their intrinsic value can be an effective strategy for investors looking to fortify their portfolios against short-term market fluctuations. Name Current Price Fair Value (Est) Discount (Est) Peyto Exploration & Development (TSX:PEY) CA$15.24 CA$28.72 46.9% Docebo (TSX:DCBO) CA$48.05 CA$87.19 44.9% Decisive Dividend (TSXV:DE) CA$6.10 CA$11.33 46.2% Major Drilling Group International (TSX:MDI) CA$8.07 CA$14.72 45.2% Groupe Dynamite (TSX:GRGD) CA$15.20 CA$27.53 44.8% Thunderbird Entertainment Group (TSXV:TBRD) CA$1.85 CA$3.33 44.4% Electrovaya (TSX:ELVA) CA$3.02 CA$5.83 48.2% Quisitive Technology Solutions (TSXV:QUIS) CA$0.565 CA$1.06 46.7% NuVista Energy (TSX:NVA) CA$11.18 CA$20.00 44.1% Condor Energies (TSX:CDR) CA$1.76 CA$3.45 49% Click here to see the full list of 28 stocks from our Undervalued TSX Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. Overview: Major Drilling Group International Inc. offers contract drilling services to mining and mineral exploration companies across multiple continents, with a market cap of CA$672.76 million. Operations: The company's revenue from its contract drilling services amounts to CA$680.16 million. Estimated Discount To Fair Value: 45.2% Major Drilling Group International is trading at CA$8.07, significantly below its estimated fair value of CA$14.72, indicating potential undervaluation based on cash flows. Forecasted earnings growth of 47.4% per year surpasses the Canadian market's growth rate of 15.8%. Despite a recent decline in profit margins from 9.8% to 6.1%, the company is implementing strategic leadership changes to enhance operational efficiency and support organic growth, reinforcing its position in the specialized drilling market. Upon reviewing our latest growth report, Major Drilling Group International's projected financial performance appears quite optimistic. Take a closer look at Major Drilling Group International's balance sheet health here in our report. Overview: Propel Holdings Inc. is a financial technology company with a market capitalization of CA$1.13 billion. Operations: The company generates revenue of $416.43 million by providing lending-related services to borrowers, banks, and other institutions. Estimated Discount To Fair Value: 16.8% Propel Holdings, trading at CA$27.19, is undervalued compared to its estimated fair value of CA$32.7. Its revenue is projected to grow 25.3% annually, outpacing the Canadian market's 5.1%. Earnings are expected to rise significantly at 36.2% per year over the next three years, despite high non-cash earnings and significant insider selling recently. Moreover, analysts anticipate a price increase of 68%, while dividends have been increased by 10%, reflecting ongoing financial strength and growth potential. Insights from our recent growth report point to a promising forecast for Propel Holdings' business outlook. Navigate through the intricacies of Propel Holdings with our comprehensive financial health report here. Overview: Kraken Robotics Inc. is a marine technology company that designs, manufactures, and sells sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications globally; it has a market cap of CA$596.51 million. Operations: Kraken Robotics generates revenue through its Products segment, which accounts for CA$67.40 million, and its Services segment, contributing CA$23.79 million. Estimated Discount To Fair Value: 12.6% Kraken Robotics, trading at CA$2.14, is undervalued relative to its fair value of CA$2.45. Earnings are forecast to grow significantly at 43.65% annually, surpassing the Canadian market's growth rate of 15.8%. Despite past shareholder dilution, analysts expect a price increase of 58.4%. Recent orders totaling $34 million for SeaPower batteries and plans for a new production facility highlight rising demand in defense markets, supporting future cash flow potential and operational expansion. The growth report we've compiled suggests that Kraken Robotics' future prospects could be on the up. Unlock comprehensive insights into our analysis of Kraken Robotics stock in this financial health report. Embark on your investment journey to our 28 Undervalued TSX Stocks Based On Cash Flows selection here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:MDI TSX:PRL and TSXV:PNG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
