Added to YB: 2025-04-29
Pitch date: 2025-04-26
SRR.V [neutral]
Source Rock Royalties Ltd.
+7.44%
current return
Author Info
No bio for this author
Company Info
Source Rock Royalties Ltd. engages in the acquiring and managing of oil and gas royalties and mineral title interests.
Market Cap
CAD 38.3M
Pitch Price
CAD 0.80
Price Target
N/A
Dividend
9.29%
EV/EBITDA
5.94
P/E
28.97
EV/Sales
4.57
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Source Rock Royalties ($SRR.V) FY24 results: Quick Review
SRR.V (earnings update): Canadian oil royalty co w/ SE Saskatchewan light oil & Alberta heavy oil GORRs. 251 boe/d production (+21% YoY), 95% liquids. $7.7M royalty revenue, 74.20$/boe netback. 9% dividend yield covered at C$60 WTI. Trades at 4.4x EV/Royalty Rev vs FRU.TO at 7-8x. Good retirement income play despite oil price headwinds.
Read full article (3 min)