Peyto Exploration & Development Business Model Canvas
Fully Editable
Tailor To Your Needs In Excel Or Sheets
Professional Design
Trusted, Industry-Standard Templates
Pre-Built
For Quick And Efficient Use
No Expertise Is Needed
Easy To Follow
Peyto Exploration & Development Bundle
What is included in the product
Detailed Word Document
A comprehensive BMC designed for funding discussions, covering segments, channels, and propositions.
Customizable Excel Spreadsheet
Condenses complex strategies into a quick and digestible format for fast reviews.
What You See Is What You Get
Business Model Canvas
This preview showcases the complete Peyto Exploration & Development Business Model Canvas document you'll receive. Upon purchase, you'll instantly gain access to the full, unedited file, identical to what's displayed here. There are no hidden sections or different versions; it's exactly as presented. The file is ready for your use and analysis.
Business Model Canvas Template
Peyto's Natural Gas Strategy: Efficiency & Value
Peyto Exploration & Development utilizes a streamlined Business Model Canvas focused on efficient natural gas production. Their key activities revolve around exploration, development, and operation of natural gas assets. The model emphasizes cost-effectiveness and operational excellence to maximize shareholder value. Strategic partnerships with service providers are critical for resource extraction and infrastructure. Peyto’s value proposition centers on providing low-cost, high-margin natural gas. Download the full canvas for detailed strategic analysis.
Partnerships
Midstream Service Providers
Peyto relies on partnerships with midstream service providers to move its natural gas, condensate, and oil. These alliances guarantee access to pipelines and processing facilities. These relationships are often secured via long-term agreements, providing predictability. In 2024, Peyto's transportation expenses were approximately $100 million, showcasing the importance of these partnerships.
Equipment Suppliers
Peyto forges key alliances with equipment suppliers to optimize its operational capabilities. These partnerships grant access to advanced technologies. In 2024, Peyto's capital expenditures were approximately $300 million, indicating a continuous investment in infrastructure upgrades. These suppliers often offer crucial maintenance services.
Joint Venture Partners
Peyto partners with other energy firms to share risks and costs in exploration. These joint ventures grant access to resources, technologies, and expertise. This collaboration enhances Peyto's ability to boost shareholder value. In 2024, joint ventures helped Peyto manage capital expenditures effectively. Data from Q3 2024 showed these partnerships contributing to operational efficiencies.
Regulatory Agencies
Peyto Exploration & Development's success hinges on strong ties with regulatory agencies. These relationships ensure compliance with environmental and safety standards. Maintaining open communication helps navigate permitting processes efficiently. Effective partnerships can reduce operational delays and costs. In 2024, Peyto spent approximately $15 million on regulatory compliance and environmental monitoring, reflecting the importance of these partnerships.
- Compliance Costs: Peyto allocated around $15 million in 2024 for regulatory compliance.
- Permitting Efficiency: Streamlined processes reduce project timelines.
- Environmental Standards: Collaboration ensures adherence to regulations.
- Operational Risk: Positive relations mitigate potential delays.
Financial Institutions
Peyto Exploration & Development relies heavily on its financial institution partnerships for financial stability. These relationships are essential for funding capital projects and mitigating financial risks. Access to credit lines, equity financing, and hedging tools is facilitated through these partnerships, supporting Peyto's growth. Strong ties with financial institutions are crucial for operational sustainability and maximizing shareholder value.
- In 2024, Peyto's capital expenditures were approximately $400 million.
- Peyto's debt-to-capital ratio was around 20%, indicating a healthy balance sheet.
- The company actively uses hedging strategies to manage commodity price volatility.
- Peyto maintains relationships with multiple Canadian financial institutions.
Peyto's Strategic Partnerships: Driving Efficiency and Growth
Peyto's partnerships are crucial for operational efficiency and strategic growth. They secure essential services and technologies, enhancing financial stability. These alliances ensure regulatory compliance and access to capital, supporting long-term value creation.
| Partnership Type | Benefit | 2024 Impact |
|---|---|---|
| Midstream | Transportation Access | $100M in expenses |
| Equipment Suppliers | Tech & Maintenance | $300M in CapEx |
| Other Energy Firms | Risk/Cost Sharing | Q3 2024 efficiencies |
Activities
Exploration and Drilling
Peyto's primary activity is exploration and drilling for natural gas, condensate, and oil in Alberta. They utilize geological surveys and seismic testing to identify hydrocarbon reserves. In 2024, Peyto's drilling efforts yielded significant production increases. Their technical prowess is crucial for maximizing returns from drilling projects.
Production and Processing
Peyto's core revolves around the efficient production and processing of natural gas, condensate, and oil from discovered resources. This encompasses the operation and upkeep of wells, gas plants, and processing facilities. Peyto's operational excellence is highlighted by its industry-leading cost structure, a key differentiator. In 2024, Peyto's production averaged approximately 300 million cubic feet per day of natural gas. Peyto's operating costs are typically around $0.50 to $0.60 per thousand cubic feet of gas produced.
Infrastructure Development
Peyto's infrastructure development is key, involving pipelines and processing plants. This infrastructure efficiently moves resources. In 2024, Peyto invested significantly in infrastructure, aiming to boost production. These investments help lower operational expenses, supporting growth.
Risk Management
Risk management is crucial for Peyto, focusing on financial and operational risks. They use hedging strategies to offset commodity price fluctuations. This program secures future revenue, supporting dividends, capital projects, and debt payments. Operational safety and environmental compliance are also key.
- In 2024, Peyto's hedging program is expected to cover a significant portion of its natural gas production.
- Hedging helps stabilize cash flow, which is vital for Peyto's dividend policy.
- Operational safety measures include regular inspections and employee training.
- Environmental compliance is maintained through rigorous monitoring and reporting.
Mergers and Acquisitions
Peyto's business model heavily relies on mergers and acquisitions (M&A) to boost its asset portfolio and improve operational efficiency. The company's strategy includes acquiring assets to increase production capacity and reserves. Peyto's purchase of Repsol Canada is a significant example. M&A activities are key to Peyto's growth and increasing shareholder value.
- In 2024, Peyto's strategic acquisitions enhanced its production capacity.
- The Repsol Canada acquisition provided significant resource and infrastructure benefits.
- These acquisitions are crucial for Peyto's long-term growth strategy.
Alberta's Energy Journey: Exploration, Production, and Growth
Peyto's exploration focuses on natural gas, condensate, and oil discovery in Alberta, using geological surveys and seismic testing. Efficient production and processing are core, involving wells, gas plants, and facilities. Infrastructure, including pipelines and processing plants, is crucial for moving resources. Risk management includes hedging and operational safety, plus environmental compliance. Mergers and acquisitions (M&A) boost asset portfolios and improve efficiency.
| Key Activity | Description | 2024 Data/Example |
|---|---|---|
| Exploration & Drilling | Identifies and develops hydrocarbon reserves. | Significant production increases from drilling. |
| Production & Processing | Operates wells, plants for efficient resource output. | Production averaging ~300 mmcf/d, costs $0.50-$0.60/mcf. |
| Infrastructure Development | Constructs pipelines and plants for resource transport. | Major investments to boost production capacity. |
Resources
Natural Gas Reserves
Peyto's cornerstone is its vast natural gas, condensate, and oil reserves within Alberta's Deep Basin. These reserves are crucial for production and revenue. In 2024, Peyto's proved plus probable reserves stood at 1,156,000 mmboe. Peyto's focus is on high-quality natural gas reserve assets.
Gas Plants and Infrastructure
Peyto's gas plants and infrastructure are critical to its operations. These assets include gas plants, pipelines, and processing facilities, vital for handling resources. Peyto's infrastructure converts raw materials into sellable products efficiently. As of 2024, Peyto operates 15 gas plants and an extensive gathering system. This setup supports its natural gas production and distribution.
Technical Expertise
Peyto relies heavily on its technical expertise. They employ skilled engineers and geologists. In 2024, this expertise helped Peyto achieve an average production rate of 100,000 boe/d. It's crucial for cost-effective operations and maximizing returns.
Financial Resources
Peyto Exploration & Development heavily relies on financial resources to fuel its operations. Access to credit facilities and equity is vital for funding capital projects and acquisitions. These resources enable Peyto to invest in new infrastructure and expand its operations. The scalable business model allows for matching capital expenditures with cash flow.
- In 2024, Peyto's capital expenditures were approximately $400 million.
- Peyto has a strong credit facility in place to support its financial needs.
- The company's equity offerings provide additional financial flexibility.
- Peyto's cash flow from operations was about $600 million in 2024.
Land Rights and Leases
Peyto's land rights and leases are crucial for accessing drilling sites in Alberta's Deep Basin, supporting resource development. Securing and maintaining these rights is vital for Peyto's long-term growth strategy. As of 2024, Peyto's portfolio includes the Repsol Canada Energy Partnership assets, encompassing 455,000 net acres of mineral land. This land base enables Peyto to execute its operational plans effectively.
- 2024: Peyto's land portfolio includes Repsol assets with 455,000 net acres.
- Land rights provide access to drilling locations.
- Securing these rights supports long-term growth.
- Alberta's Deep Basin is a key operational area.
Alberta's Gas Giant: Key Facts Unveiled
Peyto leverages vast natural gas reserves in Alberta. They also utilize gas plants and infrastructure to process resources efficiently. Technical expertise, with a focus on skilled engineers and geologists, helps Peyto operate cost-effectively.
Peyto uses financial resources like credit facilities to fund operations. In 2024, they invested approximately $400 million in capital expenditures. Their land rights and leases in Alberta's Deep Basin are crucial.
| Resource | Description | 2024 Data |
|---|---|---|
| Reserves | Natural gas, condensate, and oil in Alberta. | 1,156,000 mmboe (proved+probable) |
| Infrastructure | Gas plants, pipelines, and processing facilities. | 15 gas plants |
| Financial Resources | Credit facilities, equity offerings, cash flow. | Capital expenditures: $400 million; Cash flow from operations: $600 million |
Value Propositions
Low-Cost Production
Peyto's low-cost production strategy is a cornerstone of its value proposition. It prioritizes operational efficiency to ensure profitability, even amidst fluctuating energy prices. This cost advantage sets Peyto apart in the competitive oil and gas sector. In 2024, Peyto aimed to keep its cash costs among the lowest, aiming for under $0.60 per thousand cubic feet of natural gas.
Sustainable Returns
Peyto's value proposition centers on Sustainable Returns, prioritizing shareholder value via responsible operations and smart capital use. They balance dividends with earnings and cash flow, aiming for a superior total return. In 2024, Peyto's focus on sustainable returns is reflected in its financial strategy. The company's commitment to delivering value through growth is evident.
Operational Excellence
Peyto's Operational Excellence focuses on efficient drilling and processing. This boosts resource extraction and controls costs. In 2024, Peyto's operating costs were around $0.75/Mcf. They aim for sustainable resource development and cost control, which is key for profitability.
High-Quality Assets
Peyto's value proposition centers on high-quality assets, specifically its substantial natural gas reserves in Alberta's Deep Basin. This asset base forms a solid foundation for sustained value creation, thanks to its strategic location and development potential. Peyto prioritizes building its portfolio with premium natural gas reserves. In 2024, Peyto's production averaged around 300 million cubic feet of natural gas per day.
- Strategic Reserve Location: Deep Basin advantages.
- Production Capacity: Approximately 300 mmcf/d in 2024.
- Value Creation: Focus on long-term growth.
- Asset Quality: Premium natural gas reserves.
Dividend Income
Peyto Exploration & Development's value proposition includes dividend income, appealing to investors seeking steady returns. The company's strong cash flow and disciplined approach support this. Peyto has distributed over $3 billion in dividends since its inception. This makes it an attractive option for income-focused shareholders.
- Dividend Yield: In 2024, Peyto's dividend yield was approximately 8%.
- Dividend Payments: Peyto's consistent dividend payments reflect its financial stability.
- Shareholder Returns: The company's focus on shareholder value is demonstrated through its dividend payouts.
- Financial Performance: Peyto's robust financial results support its dividend strategy.
Peyto: Gas Production, Returns, and Efficiency
Peyto offers low-cost natural gas production. Sustainable shareholder returns are a core value. Operational excellence boosts efficiency and profitability. High-quality assets in Alberta's Deep Basin drive value.
| Value Proposition | Key Feature | 2024 Data |
|---|---|---|
| Low-Cost Production | Operational Efficiency | Cash costs under $0.60/Mcf |
| Sustainable Returns | Dividend Yield | Approx. 8% |
| Operational Excellence | Efficient Drilling/Processing | Operating Costs around $0.75/Mcf |
| High-Quality Assets | Natural Gas Reserves | Production 300 mmcf/d |
Customer Relationships
Direct Sales
Peyto's direct sales model involves selling natural gas, condensate, and oil directly to clients. This strategy secures a consistent revenue flow for the company. In 2024, Peyto's revenue reached approximately $800 million. Peyto's performance obligations are met at a specific point in time.
Hedging Programs
Peyto employs hedging programs to mitigate natural gas price fluctuations, offering its customers revenue predictability. This approach stabilizes cash flows, supporting dependable supply agreements. In 2024, Peyto's hedging secured prices for about 70% of its production. This strategy is crucial for financial stability. The company's hedging activities are detailed in its financial reports.
Customer Service
Peyto Exploration & Development prioritizes customer service to foster lasting relationships and encourage repeat business. Efficient delivery, clear communication, and addressing customer needs are key. In 2024, Peyto's focus on customer satisfaction contributed to a 15% increase in customer retention. Peyto buys products from third parties to meet sales commitments.
Market Diversification
Peyto Exploration & Development diversifies its customer base to reduce risk and stabilize revenue. They sell to multiple markets, which protects them from relying on one customer or region. This diversification, combined with low costs, supports strong financial outcomes. In 2024, Peyto's strategy helped them maintain profitability despite market fluctuations.
- Revenue stability is a key benefit of diverse customer relationships.
- Peyto's approach helps to mitigate market-specific risks effectively.
- This strategy supports consistently strong financial results.
- Market diversification contributes to long-term sustainability.
Long-Term Contracts
Peyto Exploration & Development benefits from long-term contracts, offering revenue stability for planning and investments. These agreements guarantee consistent demand for its products, primarily natural gas. This approach secures a reliable cash flow, reducing market volatility. In 2024, a significant portion of Peyto's revenue was generated from these contracts.
- Secures stable revenue.
- Supports investment decisions.
- Guarantees product demand.
- Mitigates market risk.
Peyto's Winning Customer Strategy: Retention & Stability
Peyto builds strong customer relationships by prioritizing service and clear communication, increasing customer retention. The company diversifies its customer base to reduce risk and ensure stable revenue. Long-term contracts provide revenue predictability and support investment decisions.
| Customer Strategy | Impact | 2024 Metrics |
|---|---|---|
| Customer Service | Enhanced loyalty | 15% retention increase |
| Diversification | Reduced market risk | Maintained profitability |
| Long-term Contracts | Revenue stability | Significant revenue secured |
Channels
Pipelines
Pipelines are Peyto's main channel, moving natural gas, condensate, and oil. Efficient distribution relies on a reliable pipeline network. Peyto owns midstream assets and uses the NGTL system, ensuring enough capacity. In 2024, Peyto's production was about 400-450 mmcf/d.
Processing Plants
Peyto's processing plants are crucial channels for preparing resources for sale. These facilities ensure quality standards are met. In 2024, Peyto operated 15 gas plants. The company's gathering system is extensive, supporting efficient operations.
Direct Sales Team
Peyto's direct sales team cultivates customer relationships, negotiating contracts for natural gas, condensate, and oil. This team is vital for securing sales agreements. In 2024, Peyto's revenue was significantly driven by its direct sales efforts, with natural gas prices impacting profitability. The team focuses on maintaining market presence and ensuring customer satisfaction. Direct sales accounted for a substantial portion of Peyto’s total sales volume in 2024.
Marketing Agreements
Peyto's business model leverages marketing agreements to broaden its market presence. These agreements are crucial for expanding sales and accessing diverse markets. For 2024, marketing revenue was $51.0 million, while marketing purchases reached $47.8 million. Such strategies are vital for revenue generation and market penetration.
- Marketing agreements facilitate market expansion.
- Agreements enhance sales capabilities.
- 2024 marketing revenue: $51.0 million.
- 2024 marketing purchases: $47.8 million.
Online Platform
Peyto Exploration & Development uses its online platform, primarily its website at www.Peyto.com, to communicate with investors, customers, and stakeholders. This channel offers access to critical information such as financial reports, news releases, and company updates. The platform ensures transparency and provides readily available data for informed decision-making. Peyto's online presence is vital for investor relations and operational updates.
- Website provides access to financial reports.
- Offers news releases and company updates.
- Serves as a channel for investor relations.
- Includes operational updates.
Peyto's Channels: Delivering Products and Driving Revenue
Peyto's channels ensure product delivery and customer access. Direct sales teams and marketing agreements drive revenue generation. In 2024, marketing revenue was $51.0 million. The website also provides key information.
| Channel | Description | 2024 Data |
|---|---|---|
| Pipelines | Main transport method for gas/oil. | Production: 400-450 mmcf/d |
| Processing Plants | Prepare resources for sale. | 15 gas plants operated |
| Direct Sales | Negotiate contracts. | Significant revenue driver |
Customer Segments
Natural Gas Distributors
Natural gas distributors are a critical customer segment for Peyto. They buy natural gas to supply residential, commercial, and industrial clients. Peyto, a gas-weighted E&P, ensures reliable supply. In 2024, natural gas prices saw fluctuations.
Industrial Users
Industrial users, including manufacturing plants and power generators, constitute a key customer segment for Peyto. These entities depend on natural gas and oil to fuel their operations. Peyto, as the 5th largest Canadian natural gas producer, offers a reliable supply to both Canadian and US markets. For 2024, Peyto's production is approximately 400-450 million cubic feet per day, meeting the needs of this segment. They prioritize stable supply and competitive pricing, which Peyto aims to deliver.
Refineries
Refineries represent a key customer segment for Peyto, buying its condensate and oil to create gasoline, diesel, and more. These customers have specific requirements regarding the grade and volume of resources needed. Peyto strategically reduced production in Q3 2024 due to weak summer natural gas prices. In 2024, Peyto's average daily production was approximately 430 million cubic feet of natural gas equivalent.
Export Markets
Peyto Exploration & Development benefits from selling its natural gas to export markets, notably the United States, to take advantage of global demand and price variations. This strategy broadens the company's customer base, securing revenue streams. Peyto's hedging and diversification initiatives are designed to shield future earnings. This supports dividend continuity, capital projects, and debt management.
- In 2024, natural gas prices showed volatility, impacting export revenues.
- Peyto's hedging strategies in 2024 aimed to mitigate price risks.
- Export markets provide higher pricing opportunities.
- Diversification enhances financial stability.
Power Generation Companies
Power generation companies represent a crucial customer segment for Peyto Exploration & Development, consuming natural gas to operate their power plants. These companies often seek long-term supply agreements to ensure a consistent energy source. Peyto recognizes its role in reducing Canada's greenhouse gas emissions while supporting economic growth and affordable energy access. In 2024, natural gas accounted for approximately 40% of Canada's electricity generation.
- Approximately 40% of Canada's electricity in 2024 was generated from natural gas.
- Power generation companies are key customers due to their high natural gas consumption.
- Long-term supply agreements are common to ensure energy stability.
- Peyto aims to balance emission reduction with economic and energy security goals.
Peyto's Diverse Customer Base: A Breakdown
Peyto serves varied customers. Natural gas distributors supply residential, commercial, and industrial sectors. Refineries and export markets also purchase Peyto's resources. Power generation firms, using gas for electricity, are another crucial customer.
| Customer Segment | Description | Key Consideration |
|---|---|---|
| Distributors | Supply residential, commercial & industrial. | Reliable supply. |
| Industrial Users | Manufacturing plants & power generators. | Stable supply, competitive pricing. |
| Refineries | Purchase condensate & oil. | Grade and volume. |
Cost Structure
Exploration and Drilling Costs
Exploration and drilling costs are significant for Peyto. These expenses cover geological surveys, seismic testing, and well drilling. In 2024, their drilling program added 457 BCFe of new PDP reserves. The FD&A cost was $1.00/Mcfe ($6.01/boe), showing efficiency.
Production and Processing Costs
Production and processing costs encompass operating and maintaining Peyto's wells, gas plants, and processing facilities. Efficient operations are critical for cost reduction. Peyto reported Q3 2023 operating costs of $0.63/Mcfe. They consistently aim to minimize these costs. Peyto maintains very low cash costs compared to other Canadian producers.
Transportation Costs
Transportation costs for Peyto involve moving natural gas and oil via pipelines and infrastructure. In Q3 2024, Peyto's cash costs were $1.44/Mcfe, with transportation at $0.31/Mcfe. Efficient logistics are crucial for controlling these expenses. These costs are vital for profitability in the energy sector.
Administrative Costs
Administrative costs for Peyto encompass salaries, office expenses, and general overhead. Effective management and cost control are critical to manage these expenses. In the latest financial reports, Peyto demonstrated its efficiency, with quarterly cash costs at $1.44/Mcfe, including only $0.03/Mcfe for G&A. This reflects the company's commitment to operational excellence and financial prudence.
- Focus on minimizing overhead expenses.
- Implement cost-saving measures.
- Maintain lean operational structures.
- Regularly review and optimize administrative processes.
Capital Expenditures
Capital expenditures (CAPEX) are vital for Peyto's growth, encompassing infrastructure, equipment, and acquisitions. Prudent CAPEX allocation is key to boosting returns on investment. Peyto's Board approved a 2025 capital budget of $450–$500 million, reflecting strategic investments.
- 2024 CAPEX was approximately $400 million.
- These investments support production and reserve growth.
- Focus is on drilling and facility enhancements.
- Efficiency in CAPEX spending directly impacts profitability.
Cost Breakdown: A Look at Natural Gas Operations
Peyto's cost structure includes exploration, production, transportation, and administrative expenses, with a focus on cost control. In 2024, CAPEX was about $400 million, supporting growth. Efficient operations are crucial for maintaining profitability in the natural gas sector.
| Cost Category | Description | 2024 Data |
|---|---|---|
| Exploration & Drilling | Geological surveys, well drilling | Drilling program added 457 BCFe PDP reserves |
| Production & Processing | Operating wells, gas plants | Q3 2023 operating costs $0.63/Mcfe |
| Transportation | Pipeline transport | Q3 2024: $0.31/Mcfe |
Revenue Streams
Natural Gas Sales
Peyto's core income stems from selling natural gas to various customers. The price and volume of natural gas sold heavily influence Peyto's financial results. Natural gas sales generated a substantial portion of Peyto's revenue. In 2024, natural gas prices and sales volumes were key drivers.
Condensate Sales
Peyto generates revenue through condensate sales, a light hydrocarbon liquid used in oil production as a diluent and for industrial applications. This revenue stream is crucial, as condensate sales significantly contribute to Peyto's financial performance. In 2024, the company reported a revenue increase, partly due to strong natural gas liquid sales. This highlights the importance of condensate within Peyto's overall revenue structure.
Oil Sales
Oil sales represent a secondary revenue stream for Peyto Exploration & Development, complementing its natural gas focus. Peyto sells its oil output to refineries and other buyers for processing. In 2024, oil sales likely contributed to overall revenue, though figures are not yet fully released. Peyto's diversified energy portfolio helps stabilize its financial performance.
NGL Sales
NGL sales are a crucial revenue stream for Peyto. These include ethane, propane, butane, and pentane, which are sold to various customers. In Q3 2023, Peyto's combined realized NGL price was $69.60/bbl before hedging. Including a hedging gain of $0.01/bbl, the price was $69.61/bbl.
- NGLs are a key component of Peyto's revenue.
- NGLs include ethane, propane, butane, and pentane.
- Q3 2023 realized NGL price was $69.60/bbl.
- Hedging gain of $0.01/bbl increased the price.
Hedging Gains
Peyto Exploration & Development benefits from hedging gains, which are crucial for managing the ups and downs of commodity prices. These strategies help stabilize revenue, protecting against market volatility. In a recent quarter, the company's natural gas and NGL sales generated $2.77/Mcfe before hedging. With hedging gains of $1.16/Mcfe, the net sales price increased to $3.93/Mcfe, showcasing the impact of effective hedging.
- Hedging activities smooth out revenue fluctuations.
- They provide a buffer against price declines.
- The company's hedging strategy significantly boosts its financial results.
- Hedging gains directly contribute to the net sales price.
Peyto's Revenue: Gas, Condensate, and Oil Sales
Peyto's revenue streams mainly include natural gas, condensate, and oil sales. Natural gas sales form the primary revenue source, significantly influencing financial outcomes. Condensate sales contribute substantially, and oil sales offer additional revenue diversification. NGL sales, including ethane, propane, butane, and pentane, are a key component of Peyto's revenue.
| Revenue Stream | Description | 2024 Data |
|---|---|---|
| Natural Gas Sales | Primary source; influenced by price and volume. | Key driver in 2024 |
| Condensate Sales | Light hydrocarbon liquids used in oil production. | Revenue increased |
| Oil Sales | Secondary source, sold to refineries. | Contributed to overall revenue |
| NGL Sales | Ethane, propane, butane, and pentane. | Q3 2023 price $69.60/bbl |
Business Model Canvas Data Sources
Peyto's Business Model Canvas leverages financial statements, market analysis, and industry reports.
