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Selhorn provided a breakeven analysis: "Assuming gross margins in this mid to high 60% range, that puts our breakeven at about $17.3 million of net revenue per quarter all in, including EXXUA spends.

Peyto Exploration & Development Corp. ( PEY:CA) Q3 2025 Earnings Call November 14, 2025 11:00 AM EST Thank you for standing by, and welcome to Peyto's Third Quarter 2025 Earnings Conference Call.