Peyto Exploration & Development Corp
TSX:PEY
Gross Margin
Peyto Exploration & Development Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Peyto Exploration & Development Corp
TSX:PEY
|
3.9B CAD |
81%
|
|
| US |
|
Conocophillips
NYSE:COP
|
122.5B USD |
48%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
707.4B CNY |
49%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
92B CAD |
50%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
67.1B USD |
61%
|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
43.2B USD |
71%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
36.7B USD |
67%
|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
50.3B AUD |
43%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
31.1B USD |
73%
|
Peyto Exploration & Development Corp
Glance View
Peyto Exploration & Development Corp., established in 1998, has carved a niche for itself as a prominent player in Canada's energy sector. This Calgary-based company focuses primarily on the exploration, development, and production of unconventional natural gas in the Alberta Deep Basin. Peyto's business model has long been admired for its operational efficiency and cost-effectiveness. They employ a strategy centered on acquiring and developing long-term, low-cost natural gas reserves with high deliverability. By honing in on advanced drilling and completion technologies, Peyto maximizes its output while keeping operational costs lean, which is pivotal in a volatile commodity market. The company's revenue stream is firmly anchored in its ability to produce and sell natural gas and natural gas liquids (NGLs). Peyto's adeptness at vertically integrating its operations—from acquiring prime drilling land to developing and maintaining infrastructure—allows the company to capture a larger portion of the value chain. They sell the produced gas primarily under long-term contracts, securing a steady inflow of funds and minimizing market risk. As international push for cleaner energy sources grows, Peyto positions itself strategically to benefit from the increasing demand for natural gas, which, due to its lower carbon footprint compared to coal and oil, is seen as a bridge fuel in the transition to a sustainable energy future.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Peyto Exploration & Development Corp's most recent financial statements, the company has Gross Margin of 80.6%.
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