Peyto Exploration & Development Shares Sold as Company Highlights 6% Monthly Dividend

Director Jean‑Paul Henri Lachance sold 32,500 shares of Peyto Exploration & Development Corp. on July 17 at an average price of C$24.02, generating C$780,650 and lowering his holding by 5.73% to 534,813 shares valued around C$12.85 billion.

Peyto, a low‑cost natural‑gas producer operating in Alberta’s deep basin, reported record Q1 2026 results: production rose 10%, earnings per share increased 44% to $0.82 and funds from operations jumped to $293 million. The company posted a 17% return on equity and nearly a 40% operating margin, trading at about 5.7 times cash flow and 1.7 times book value. It also announced a 5.96% (≈6%) dividend paid monthly, positioning the stock as an attractive yield play amid a natural‑gas supercycle driven by rising LNG demand and data‑center growth.