Professional
Added to YB: 2025-05-05
Pitch date: 2025-05-01
SRR.V [neutral]
Source Rock Royalties Ltd.
+9.19%
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 0.79
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 – Consistent Returns Backed by Strong Fundamentals
SRR.V (overview): Oil & gas royalty co pays 9% dividend (58% payout ratio) growing at 2.5% CAGR since 2014. 16% prod CAGR, 22% EBITDA CAGR since 2021. Trades at 4.9x EBITDA vs peers at 11.3x. $5M cash, no debt. CN Rail Pension owns 20%, mgmt 10%. Key risk: oil price volatility. Catalyst: new royalty acquisitions.
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