Added to YB: 2024-03-05
Pitch date: 2024-03-02
PREKF [bullish]
PrairieSky Royalty Ltd.
+18.68%
current return
Author Info
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Company Info
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.
Market Cap
CAD 6.3B
Pitch Price
CAD 23.05
Price Target
N/A
Dividend
3.94%
EV/EBITDA
13.96
P/E
29.27
EV/Sales
13.60
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Early-Stage Compounder: PrairieSky Royalty - $PREKF
PREKF: 18.2M acres in Canada, to gain from TMPL completion. 2022: $513M revenue (-23% YoY), $383M FFO, $229M record dividend (60% payout), net debt -30% to $222M. Aims debt-free by Q1 '25. Underperformed in decade 1, set to outperform like $EXP.
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