Added to YB: 2025-02-20
Pitch date: 2025-02-18
SRR.V [bullish]
Source Rock Royalties Ltd.
+25.46%
current return
Author Info
No bio for this author
Company Info
Source Rock Royalties Ltd. engages as an oil and gas royalty company in Canada. The company is also involved in acquiring and managing oil and gas royalties and mineral title interests.
Market Cap
CAD 45.6M
Pitch Price
CAD 0.79
Price Target
N/A
Dividend
7.80%
EV/EBITDA
8.98
P/E
35.71
EV/Sales
6.87
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Source Rock Royalties ($SRR.V)
SRR.V: Junior Canadian oil royalty co. $40M mkt cap, 8% div yield. Strong netback vs peers. CN Rail Pension 21% owner. Bullish on Canadian oil: US Midwest reliance, Trans Mountain expansion, low global inventories. 2024E: 5x EV/RR, 9x P/FFO, 20% prod growth. Peers trade higher. Long-term oil demand stable.
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