PrairieSky Royalty Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Andrew Phillips
- Full Time Employees
- 75
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 350 - 7th Avenue SW Calgary AB Canada T2P 3N9
- IPO Date
- Jun 17, 2014
- Website
- prairiesky.com
- Similar Companies
- Business
- PrairieSky Royalty Ltd. is a pure-play royalty company that generates revenues from crude oil, natural gas liquids and natural gas produced on its extensive royalty properties across Western Canada. The company owns approximately 9.8 million acres of fee simple mineral title lands and 8.7 million acres of gross overriding royalty interests, encompassing Alberta, Saskatchewan, British Columbia and Manitoba; it holds interests in roughly 18.5 million acres total with petroleum and natural gas rights, focusing on third-party development without conducting its own drilling or operations. PrairieSky earns royalty income through lease issuances, farmouts, drilling commitments and seismic option agreements on these properties, targeting light and heavy oil plays as well as natural gas resources. Founded in 2013 and headquartered in Calgary, Alberta, PrairieSky operates in the oil and gas royalty sector, serving energy producers as lessors while managing a geologically diverse portfolio at low risk and cost. The company employs 75 people and trades on the Toronto Stock Exchange under the ticker PSK (OTCQX: PREKF). It strategically monitors lease compliance, pursues organic production growth and selectively acquires accretive royalty assets to enhance shareholder returns via dividends and share repurchases. In recent developments, PrairieSky completes $57.3 million in producing and non-producing royalty interest acquisitions targeting light and heavy oil plays in Central Alberta and Saskatchewan as of year-end 2024. The company receives TSX approval for a renewed normal course issuer bid in May 2025, authorizing repurchases of up to 15.4 million common shares over 12 months following 3.4 million shares bought under the prior bid. PrairieSky announces third quarter 2025 results in October 2025, reflecting ongoing focus on countercyclical capital deployment and lease activity amid fluctuating commodity prices.
PrairieSky Royalty Ltd. (PSK:CA) Q1 2026 Earnings Call Transcript
PrairieSky Announces Results of the Annual Meeting of Shareholders
PrairieSky Announces First Quarter 2026 Results
Black Bear Value Partners Q1 2026 - Top 5 Businesses We Own
PrairieSky Royalty (PREKF) to Release Quarterly Earnings on Monday
PrairieSky Royalty Announces Conference Call for Q1 2026 Results
PrairieSky Royalty Provides Torque On Oil Prices, But Is Not Cheap
PrairieSky Royalty Ltd. (PSK:CA) Q4 2025 Earnings Call Transcript
Inflation Is Coming Back - Here's Where I'm Buying Pricing Power
PrairieSky Announces Dividend Increase and 2025 Annual and Fourth Quarter Results
Top 5 Businesses We Own - Q4 2025
PrairieSky Royalty Announces Conference Call for Fourth Quarter and Year-End 2025 Results
PrairieSky Royalty Declares Quarterly Dividend
PrairieSky Royalty Ltd. (PSK:CA) Q3 2025 Earnings Call Transcript
PrairieSky Announces Third Quarter 2025 Results
PrairieSky Royalty Announces Conference Call for Q3 2025 Results
Why I Believe Energy Is The Ultimate Long-Term Bet - And Why It's Only Getting Better
I'm Convinced Energy Is The Most Misunderstood Investment Opportunity Of The Decade
PrairieSky Royalty Declares Quarterly Dividend
PrairieSky Royalty: The Smarter Way To Invest In Oil