Peyto Exploration & Development Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 908.2M | 1.0B | 1.6B | 912.0M |
| Operating Revenue | 908.2M | 1.0B | 1.6B | 912.0M |
| Cost Of Revenue | 487.0M | 415.0M | 557.9M | 336.4M |
| Gross Profit | 421.2M | 595.2M | 1.1B | 575.6M |
| Selling General And Administration | 43.5M | 29.0M | 22.5M | 19.9M |
| General And Administrative Expense | 43.5M | 29.0M | 22.5M | 19.9M |
| Other Operating Expenses | 236.0M | 180.3M | 153.9M | 114.4M |
| Operating Expense | 279.5M | 209.3M | 176.5M | 134.3M |
| Operating Income | 141.7M | 385.8M | 897.7M | 441.3M |
| EBIT | 459.3M | 442.1M | 564.1M | 250.4M |
| Interest Expense | 94.2M | 57.3M | 47.0M | 59.0M |
| Interest Expense Non Operating | 94.2M | 57.3M | 47.0M | 59.0M |
| Net Interest Income | -97.7M | -65.6M | -47.0M | -59.0M |
| Other Income Expense | 321.1M | 64.6M | -333.5M | -190.8M |
| Other Non Operating Income Expenses | 10.4M | 9.7M | 10.3M | 1.5M |
| Special Income Charges | 0.00 | -6.2M | -1.2M | 1.5M |
| Restructuring And Mergern Acquisition | 0.00 | 6.2M | 0.00 | -- |
| Gain On Sale Of Security | 310.7M | 61.1M | -342.5M | -193.9M |
| Pretax Income | 365.1M | 384.8M | 517.1M | 191.4M |
| Tax Provision | 84.5M | 92.2M | 126.4M | 39.2M |
| Tax Effect Of Unusual Items | 71.9M | 13.1M | -84.1M | -39.4M |
| Net Income From Continuing And Discontinued Operation | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Income From Continuing Operation Net Minority Interest | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Income Including Noncontrolling Interests | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Income Common Stockholders | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Income | 280.6M | 292.6M | 390.7M | 152.2M |
| EBITDA | 837.0M | 758.3M | 866.7M | 513.7M |
| Normalized EBITDA | 526.3M | 703.4M | 1.2B | 706.1M |
| Reconciled Depreciation | 377.7M | 316.1M | 302.6M | 263.3M |
| Basic EPS | 1.43 | 1.64 | 2.29 | 0.92 |
| Diluted EPS | 1.42 | 1.62 | 2.23 | 0.89 |
| Basic Average Shares | 195.7M | 178.9M | 170.7M | 166.1M |
| Diluted Average Shares | 197.1M | 180.3M | 175.0M | 170.1M |
| Total Unusual Items | 310.7M | 54.9M | -343.8M | -192.4M |
| Total Unusual Items Excluding Goodwill | 310.7M | 54.9M | -343.8M | -192.4M |
| Tax Rate For Calcs | 0.23 | 0.24 | 0.24 | 0.20 |
| Normalized Income | 41.8M | 250.9M | 650.4M | 305.3M |
| Diluted NI Availto Com Stockholders | 280.6M | 292.6M | 390.7M | 152.2M |
| Gain On Sale Of Ppe | -- | 0.00 | -1.2M | 1.5M |
| Net Income Continuous Operations | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Non Operating Interest Income Expense | -97.7M | -65.6M | -47.0M | -59.0M |
| Other Gand A | 14.2M | 10.6M | 5.3M | 6.2M |
| Reconciled Cost Of Revenue | 487.0M | 415.0M | 557.9M | 336.4M |
| Salaries And Wages | 29.4M | 18.4M | 17.3M | 13.7M |
| Total Expenses | 766.6M | 624.3M | 734.4M | 470.7M |
| Total Other Finance Cost | 3.5M | 8.3M | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 13.6M | 37.2M | 11.9M | 5.7M |
| Cash Cash Equivalents And Short Term Investments | 13.6M | 37.2M | 11.9M | 5.7M |
| Cash Financial | 13.6M | 37.2M | 11.9M | 5.7M |
| Accounts Receivable | 147.6M | 161.7M | 188.0M | 118.9M |
| Receivables | 147.6M | 161.7M | 188.0M | 118.9M |
| Prepaid Assets | -- | 53.2M | 18.6M | 19.7M |
| Other Current Assets | 45.2M | 53.2M | -- | -- |
| Current Assets | 394.5M | 490.9M | 218.6M | 144.4M |
| Gross PPE | 9.0B | 8.4B | 7.0B | 6.5B |
| Accumulated Depreciation | -3.9B | -3.5B | -3.2B | -2.9B |
| Net PPE | 5.1B | 4.9B | 3.8B | 3.6B |
| Total Non Current Assets | 5.1B | 5.0B | 3.8B | 3.6B |
| Total Assets | 5.5B | 5.5B | 4.0B | 3.8B |
| Current Debt | 57.9M | 57.9M | 100.0M | -- |
| Current Debt And Capital Lease Obligation | 58.8M | 59.2M | 101.3M | 1.1M |
| Accounts Payable | 160.1M | 171.8M | 215.6M | 169.0M |
| Payables | 201.9M | 216.1M | 244.5M | 177.4M |
| Payables And Accrued Expenses | 201.9M | 216.1M | 244.5M | 177.4M |
| Other Current Liabilities | -- | -- | 126.1M | 61.1M |
| Current Liabilities | 269.6M | 279.9M | 471.9M | 239.6M |
| Long Term Debt | 1.3B | 1.3B | 759.2M | 1.1B |
| Long Term Debt And Capital Lease Obligation | 1.3B | 1.3B | 763.2M | 1.1B |
| Long Term Capital Lease Obligation | 7.6M | 2.8M | 4.1M | 5.4M |
| Total Non Current Liabilities Net Minority Interest | 2.5B | 2.5B | 1.5B | 1.8B |
| Total Liabilities Net Minority Interest | 2.8B | 2.8B | 2.0B | 2.0B |
| Common Stock | 2.0B | 1.9B | 1.7B | 1.7B |
| Capital Stock | 2.0B | 1.9B | 1.7B | 1.7B |
| Additional Paid In Capital | 27.2M | 25.0M | 16.3M | 13.1M |
| Retained Earnings | 507.3M | 485.1M | 431.4M | 143.2M |
| Gains Losses Not Affecting Retained Earnings | 184.0M | 284.5M | -83.9M | -54.8M |
| Other Equity Adjustments | 184.0M | 284.5M | -83.9M | -54.8M |
| Common Stock Equity | 2.7B | 2.7B | 2.1B | 1.8B |
| Stockholders Equity | 2.7B | 2.7B | 2.1B | 1.8B |
| Total Equity Gross Minority Interest | 2.7B | 2.7B | 2.1B | 1.8B |
| Total Capitalization | 4.0B | 4.1B | 2.8B | 2.8B |
| Net Tangible Assets | 2.7B | 2.7B | 2.1B | 1.8B |
| Tangible Book Value | 2.7B | 2.7B | 2.1B | 1.8B |
| Working Capital | 124.9M | 211.0M | -253.3M | -95.2M |
| Invested Capital | 4.0B | 4.1B | 2.9B | 2.8B |
| Total Debt | 1.4B | 1.4B | 864.5M | 1.1B |
| Net Debt | 1.3B | 1.4B | 847.3M | 1.1B |
| Share Issued | 197.8M | 193.7M | 173.5M | 168.2M |
| Ordinary Shares Number | 197.8M | 193.7M | 173.5M | 168.2M |
| Capital Lease Obligations | 8.5M | 4.1M | 5.3M | 6.6M |
| Current Capital Lease Obligation | 936,000 | 1.3M | 1.3M | 1.1M |
| Current Provisions | 9.0M | 4.6M | -- | -- |
| Derivative Product Liabilities | -- | -- | 0.00 | 12.3M |
| Dividends Payable | 21.8M | 21.3M | 8.7M | 8.4M |
| Duefrom Related Parties Current | -- | -- | 3.7M | 8.6M |
| Financial Assets | 48.6M | 128.5M | 15.0M | 0.00 |
| Hedging Assets Current | 188.1M | 238.9M | 0.00 | -- |
| Income Tax Payable | 20.0M | 23.0M | 20.3M | 0.00 |
| Long Term Provisions | 360.3M | 275.3M | 144.7M | 204.2M |
| Non Current Deferred Liabilities | 876.9M | 895.9M | 571.0M | 490.9M |
| Non Current Deferred Taxes Liabilities | 876.9M | 895.9M | 571.0M | 490.9M |
| Other Current Borrowings | 57.9M | 57.9M | 100.0M | -- |
| Other Receivables | -- | -- | 92,000 | 3.5M |
| Total Tax Payable | 20.0M | 23.0M | 20.3M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 672.4M | 644.9M | 811.8M | 457.9M |
| Cash Flow From Continuing Operating Activities | 672.4M | 644.9M | 811.8M | 457.9M |
| Depreciation Amortization Depletion | 377.7M | 316.1M | 302.6M | 263.3M |
| Stock Based Compensation | 14.1M | 15.2M | 11.7M | 6.0M |
| Deferred Tax | 11.0M | 33.1M | 106.1M | 39.2M |
| Deferred Income Tax | 11.0M | 33.1M | 106.1M | 39.2M |
| Change In Working Capital | -16.7M | -13.1M | -5.6M | -4.1M |
| Other Non Cash Items | 1.0M | 2.1M | 1.6M | 3.9M |
| Capital Expenditure | -456.9M | -411.0M | -499.3M | -365.1M |
| Purchase Of PPE | -456.9M | -411.0M | -499.3M | -365.1M |
| Net PPE Purchase And Sale | -456.9M | -411.0M | -499.3M | -365.1M |
| Purchase Of Business | 0.00 | -699.4M | -22.2M | 0.00 |
| Investing Cash Flow | -432.2M | -1.1B | -516.9M | -351.4M |
| Cash Flow From Continuing Investing Activities | -432.2M | -1.1B | -516.9M | -351.4M |
| Issuance Of Debt | 75.0M | 644.0M | 0.00 | 49.5M |
| Repayment Of Debt | -124.5M | -101.4M | -211.4M | -156.4M |
| Net Issuance Payments Of Debt | -49.5M | 542.6M | -211.4M | -106.8M |
| Issuance Of Capital Stock | 0.00 | 192.5M | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 192.5M | 0.00 | -- |
| Common Stock Dividend Paid | -257.9M | -226.4M | -102.2M | -15.0M |
| Financing Cash Flow | -263.7M | 527.3M | -288.7M | -110.0M |
| Cash Flow From Continuing Financing Activities | -263.7M | 527.3M | -288.7M | -110.0M |
| Changes In Cash | -23.5M | 25.3M | 6.2M | -3.6M |
| Beginning Cash Position | 37.2M | 11.9M | 5.7M | 9.3M |
| End Cash Position | 13.6M | 37.2M | 11.9M | 5.7M |
| Free Cash Flow | 215.5M | 233.8M | 312.5M | 92.8M |
| Income Tax Paid Supplemental Data | 65.2M | 56.3M | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 77.1M | 61.4M | 48.8M | 58.9M |
| Cash Dividends Paid | -257.9M | -226.4M | -102.2M | -15.0M |
| Common Stock Issuance | 0.00 | 192.5M | 0.00 | -- |
| Gain Loss On Investment Securities | -- | -- | -- | -2.3M |
| Gain Loss On Sale Of PPE | -- | 0.00 | 1.2M | -1.5M |
| Interest Paid Cff | -2.3M | -3.2M | 0.00 | -- |
| Long Term Debt Issuance | 75.0M | 644.0M | 0.00 | 49.5M |
| Long Term Debt Payments | -124.5M | -101.4M | -211.4M | -156.4M |
| Net Business Purchase And Sale | 0.00 | -699.4M | -22.2M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 4.7M | -1.3M | 3.5M | 1.2M |
| Net Income From Continuing Operations | 280.6M | 292.6M | 390.7M | 152.2M |
| Net Long Term Debt Issuance | -49.5M | 542.6M | -211.4M | -106.8M |
| Net Other Financing Charges | 378,000 | 163,000 | 206,000 | 247,000 |
| Net Other Investing Changes | 24.6M | -36.5M | 4.6M | 13.6M |
| Operating Gains Losses | 4.7M | -1.3M | 4.7M | -2.7M |
| Proceeds From Stock Option Exercised | 45.6M | 21.6M | 24.7M | 11.5M |