Peyto Historical Income Statement
PEY Stock | CAD 16.63 0.05 0.30% |
Historical analysis of Peyto ExplorationDevel income statement accounts such as Other Operating Expenses of 276.6 M, Operating Income of 752.8 M, EBIT of 479.6 M or Ebitda of 817 M can show how well Peyto ExplorationDevelopment Corp performed in making a profits. Evaluating Peyto ExplorationDevel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Peyto ExplorationDevel's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Peyto ExplorationDevel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Peyto ExplorationDevel is a good buy for the upcoming year.
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About Peyto Income Statement Analysis
Peyto ExplorationDevel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Peyto ExplorationDevel shareholders. The income statement also shows Peyto investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Peyto ExplorationDevel Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Peyto ExplorationDevel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Peyto ExplorationDevel. It is also known as Peyto ExplorationDevel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Peyto ExplorationDevel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Peyto ExplorationDevel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peyto ExplorationDevelopment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Peyto ExplorationDevel's Cost Of Revenue is very stable compared to the past year. As of the 2nd of December 2024, Income Before Tax is likely to grow to about 404 M, while Interest Expense is likely to drop about 30.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 575.6M | 1.1B | 424.6M | 331.5M | Total Revenue | 912.0M | 1.6B | 945.5M | 523.3M |
Peyto ExplorationDevel income statement Correlations
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Peyto ExplorationDevel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peyto ExplorationDevel income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 53.6M | 58.9M | 59.0M | 47.0M | 57.3M | 30.3M | |
Selling General Administrative | 45.5M | 41.8M | 62.4M | 22.5M | 13.9M | 27.0M | |
Total Revenue | 469.7M | 400.0M | 912.0M | 1.6B | 945.5M | 523.3M | |
Gross Profit | 205.6M | 124.3M | 575.6M | 1.1B | 424.6M | 331.5M | |
Other Operating Expenses | 372.2M | 381.6M | 470.7M | 676.1M | 550.0M | 276.6M | |
Operating Income | 95.2M | 18.7M | 442.8M | 907.9M | 716.9M | 752.8M | |
Ebit | 123.5M | 14.5M | 250.4M | 564.1M | 456.7M | 479.6M | |
Ebitda | 369.9M | 261.3M | 517.7M | 872.9M | 778.1M | 817.0M | |
Total Operating Expenses | 108.1M | 105.8M | 134.3M | 118.2M | 29.0M | 27.6M | |
Net Income | 133.5M | (35.6M) | 152.2M | 390.7M | 292.6M | 307.3M | |
Income Tax Expense | (63.6M) | (8.8M) | 39.2M | 126.4M | 92.2M | 96.8M | |
Depreciation And Amortization | 246.4M | 246.8M | 267.2M | 308.8M | 321.4M | 176.9M | |
Cost Of Revenue | 264.1M | 275.7M | 336.4M | 557.9M | 520.9M | 547.0M | |
Income Before Tax | 69.9M | (44.3M) | 191.4M | 517.1M | 384.8M | 404.0M | |
Total Other Income Expense Net | (25.3M) | (63.0M) | (249.9M) | (699.6M) | (332.1M) | (315.5M) | |
Net Income From Continuing Ops | 133.5M | (35.6M) | 152.2M | 390.7M | 292.6M | 189.3M | |
Net Income Applicable To Common Shares | 133.5M | (35.6M) | 152.2M | 390.7M | 449.3M | 471.7M | |
Tax Provision | (63.6M) | (8.8M) | 39.2M | 126.4M | 92.2M | 52.1M | |
Interest Income | 25.3M | 61.2M | 252.9M | 389.6M | 448.0M | 470.4M | |
Net Interest Income | (53.6M) | (58.9M) | (59.0M) | (47.0M) | (65.6M) | (68.9M) | |
Reconciled Depreciation | 243.6M | 243.4M | 263.3M | 302.6M | 316.1M | 309.8M |
Pair Trading with Peyto ExplorationDevel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peyto ExplorationDevel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peyto ExplorationDevel will appreciate offsetting losses from the drop in the long position's value.Moving together with Peyto Stock
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0.69 | ENB-PFU | Enbridge Pref L | PairCorr |
0.75 | ENS | E Split Corp | PairCorr |
0.84 | ENS-PA | E Split Corp | PairCorr |
Moving against Peyto Stock
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0.56 | SAGE | Sage Potash Corp | PairCorr |
0.55 | AIM | Aimia Inc | PairCorr |
The ability to find closely correlated positions to Peyto ExplorationDevel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peyto ExplorationDevel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peyto ExplorationDevel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peyto ExplorationDevelopment Corp to buy it.
The correlation of Peyto ExplorationDevel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peyto ExplorationDevel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peyto ExplorationDevel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peyto ExplorationDevel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Peyto Stock
Peyto ExplorationDevel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Peyto ExplorationDevel shareholders. The income statement also shows Peyto investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).