Peyto Exploration and Development Corp., commonly referred to as Peyto, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 1998, the company has established itself as a leader in natural gas exploration and production, primarily focusing on the prolific Montney and Deep Basin regions of Western Canada.
Peyto is renowned for its commitment to sustainable practices and innovative extraction techniques, which set it apart in a competitive market. The company’s core offerings include natural gas and natural gas liquids, with a strong emphasis on operational efficiency and environmental stewardship. Over the years, Peyto has achieved significant milestones, including consistent production growth and a robust asset portfolio, solidifying its position as a key contributor to Canada’s energy landscape.
-8 vs industry average
Peyto Exploration And Development’s score of 8 is lower than 28% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Peyto Exploration And Development's reported carbon emissions
In 2024, Peyto Exploration and Development reported total emissions of approximately 1.1 billion kg CO2e, comprising 1,052,296,000 kg CO2e from Scope 1 and 33,208,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, where total emissions were approximately 679.3 million kg CO2e, with Scope 1 emissions at 651,331,000 kg CO2e and Scope 2 at 27,919,000 kg CO2e. Peyto has not disclosed any Scope 3 emissions data, indicating a gap in their reporting. Furthermore, there are no specific reduction targets or climate pledges outlined in their current commitments, suggesting a lack of formalised strategies for emissions reduction. The company’s emissions data is not cascaded from any parent organisation, and all figures are directly reported by Peyto Exploration and Development Corp. As the industry continues to face pressure for transparency and accountability regarding climate impacts, Peyto's current lack of reduction initiatives may be a point of concern for stakeholders.
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Peyto Exploration And Development’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Peyto Exploration And Development yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Peyto Exploration And Development
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