Peyto Exploration & Development Corp. (PEY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Paytos fourth quarter 2025 financial results conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please decide that today's conference has been recorded. I'll now hand the conference over to your first speaker today, J.P. Lachance, President and CEO. Please go ahead. Thanks, Marvin. Good morning, folks, and thanks for joining Payto's fourth quarter and full year 2025 conference call. Before we begin, I'd like to remind everybody that all statements made by the company during this call are subject to the same forward-looking disclaimer and advisory set forth in the company's news release issued yesterday. Here in the room with me, I have Riley Frame, our Chief Operating Officer, Tavis Carlson, our CFO, Lee Kern, our VP of Drilling and Completions, Todd Burdick, our VP of Production, Mike Collins, our VP of Marketing, Derek Sember, our VP of Land and Business Development, Christy Rayfrost, our VP of Finance, and Mike Reese, our VP of Geoscience. Before we discuss the quarter, on behalf of the management group, as always, I'd like to thank the entire PAIDO team, both the folks in the field and in the office, for their contributions to yet another strong year. And to be clear, they're the people that make PAIDO what it is. If I could sum up what the team accomplished in 2025 in one sentence, I'd say the company responsibly invested shareholder capital in 2025, which grew the business while returning a health...