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Tyrone Peachey all smiles after scoring a try against the Roosters.

Penrith Panthers utility Tyrone Peachey has signed a two-year contract extension with the club.

The 25-year-old, who played in the second row and in the centres in the 2016 Telstra Premiership season, will remain a Panther until at least the end of the 2019 season.

"I always wanted to stay at the Panthers because I love the club and all the people here," Peachey said.

"We've got such a good team and it's exciting knowing I will be part of it for the next three years."