Q: As a follow up to my question on natural gas suppliers please provide what the information is that you find interesting about Peyto.
Also would you be able to direct me to a site that I might find 5 yr. history of a companies ROE, ROA and ROC.
Thanks again
Les
Also would you be able to direct me to a site that I might find 5 yr. history of a companies ROE, ROA and ROC.
Thanks again
Les
5i Research Answer:
PEY has a solid balance sheet and a long history of growth. It has seen many cycles already, and was one of the first companies to convert into an income trust way back (which did benefit shareholders). It trades at only 7X earnings and barely 4X cash flow. The dividend is attractive and was more than doubled late last year. It is not guaranteed of course but is well-covered by cash flow. Payout ratio is 21%. We likel management and its leverage to gas prices is very high. Some fault it because of its hedge program on prices, but of course this does also reduce risk of price volatility. Koyfin provides some good financial data (sign up required) for free, and its paid service is cheaper than most (it is trying to build market share).