PrairieSky Royalty Ltd. is pleased to announce that its shareholders approved all resolutions at the annual general meeting of shareholders of the Company held on April 14, 2025 in Calgary, Alberta. The resolutions approved at the Meeting were as follows: The resolution to appoint the seven nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors [...]
PrairieSky Royalty Ltd. is pleased to announce its first quarter operating and financial results for the period ended March 31, 2025. First Quarter Highlights: Oil royalty production volumes averaged a record 13,502 barrels per day, a 3% increase over Q1 2024. Total royalty production averaged 25,339 BOE per day, a 3% decrease from Q1 2024 due to declines in natural gas and NGL production. Royalty production revenue of [...]
PrairieSky will release its Q1 2025 results on Monday, April 14, 2025 after markets close. The news release detailing PrairieSky's Q1 2025 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR+ at www.sedarplus.com. A conference call to discuss the results will be held for [...]
PrairieSky Royalty Ltd. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on April 15, 2025 to shareholders of record on March 31, 2025. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as oil and natural gas are [...]
PrairieSky Royalty Ltd. is pleased to announce its fourth quarter and year-end operating and financial results for the period ended December 31, 2024. PrairieSky is also pleased to announce a 4% increase in its annual dividend policy to $1.04 per common share . Fourth Quarter Highlights: Oil royalty production volumes averaged 13,317 barrels per day, a 4% increase over Q4 2023, driven by strong third-party activity in the [...]
PrairieSky will release its 2024 annual and fourth quarter results on Monday, February 10, 2025 after markets close. The news release detailing PrairieSky's 2024 fourth quarter and year-end results will provide operating and financial information. Financial statements, management's discussion and analysis and the annual information form will be available on PrairieSky's website at www.prairiesky.com and on SEDAR+ at [...]
PrairieSky Royalty Ltd. is pleased to announce the amendment and extension of its unsecured, covenant-based revolving credit facility and operating credit facility , with a syndicate of Canadian banks. PrairieSky has voluntarily decreased the Credit Facility from $725 million to $350 million. The reduced Credit Facility is aligned with PrairieSky's long-term strategy of maintaining a strong balance sheet. The Credit [...]
PrairieSky Royalty Ltd. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on January 15, 2025 to shareholders of record on December 31, 2024. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and [...]
PrairieSky Royalty Ltd. is pleased to announce its third quarter operating and financial results for the three-month period ended September 30, 2024. Third Quarter Highlights: Royalty production revenues of $111.5 million combined with other revenues of $5.8 million to generate total revenues of $117.3 million for Q3 2024. Other revenues included bonus consideration of $4.1 million earned on entering into 54 new leasing [...]
PrairieSky will release its Q3 2024 results on Monday, October 28, 2024 after markets close. The news release detailing PrairieSky's Q3 2024 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR+ at www.sedarplus.com. A conference call to discuss the results will be held for [...]
PrairieSky Royalty Ltd. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on October 15, 2024 to shareholders of record on September 27, 2024. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and [...]
PrairieSky Royalty Ltd. is pleased to announce its second quarter operating and financial results for the three-month period ended June 30, 2024. Second Quarter Highlights: Oil royalty production volumes averaged 13,312 barrels per day, another quarterly record, and a 6% increase over Q2 2023. Total royalty production averaged 25,320 BOE per day, an 8% increase over Q2 2023. Revenues totaled $135.6 million for Q2 2024 [...]