Peyto Exploration reports growth in Q2 2026 production and earnings

Peyto Exploration & Development Corp. has reported its operating and financial results for the second quarter of 2026. The company achieved production volumes of 145,320 boe/d, representing a 10% increase year over year.

Financial highlights include funds from operations (FFO) of $227.7 million, a 15% increase, and adjusted earnings of $105.0 million, which rose 19% compared to the second quarter of 2025. The company generated $140.6 million in free funds flow and returned $71.8 million in dividends to shareholders. Additionally, Peyto reduced its net debt by $72.4 million since March 31, 2026.

As part of a diversification program, Peyto signed a long-term natural gas supply agreement with Centrica Energy. The agreement stipulates that Peyto will deliver 50,000 MMBtu/d to Centrica over a 10-year period starting in 2029.