Logotype for Prairiesky Royalty Ltd

Prairiesky Royalty (PSK) investor relations material

Prairiesky Royalty Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Prairiesky Royalty Ltd
Q2 2025 earnings summary15 Jul, 2025

Executive summary

  • Achieved record royalty oil production of 14,376 barrels per day, up 8% year-over-year, with total royalty production averaging 26,457 BOE per day, a 4% increase over Q2 2024.

  • Holds 18.5 million acres of royalty lands, the largest fee simple mineral title portfolio in Canada, with 93% of YTD 2025 royalty production revenue from oil and liquids.

  • Funds from operations totaled $96.7 million ($0.41 per share), down 9% year-over-year, impacted by lower US$ WTI pricing despite record production.

  • Maintained 235 million shares outstanding while significantly increasing oil production since 2018.

  • Business model features no maintenance capital, operating costs, or environmental liabilities, resulting in high margins and low inflation sensitivity.

Financial highlights

  • Q2 2025 royalty production revenue was $111.2 million, with total revenues of $123.6 million and $12.4 million from other sources, including $8.5 million in bonus consideration from 47 new leases.

  • Funds from operations in Q2 2025 were $96.7 million ($0.41/share), and net earnings were $56.3 million ($0.24/share).

  • Net debt at June 30, 2025 was $242.0 million, down $16.8 million from March 31, 2025, with a trailing 12-month D/EBITDA of 0.5x.

  • Royalty operating margin for the six months ended June 30, 2025 was 99%.

  • Operating netback per BOE was $40.16, down from $46.05 in Q2 2024.

Outlook and guidance

  • Positioned for continued funds from operations and dividend growth over the next decade, supported by a low payout ratio and organic production growth.

  • Expects initial royalty production from multiple Duvernay wells in the West Shale Basin in Q3 2025.

  • Decades of inventory and continued activity anticipated in key plays, including Clearwater, Mannville Stack, and Duvernay.

  • 10-year funds from operations projections range from $2.4 to $7.1 billion depending on commodity prices.

  • No capex requirements allow all funds from operations to be returned to shareholders.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Prairiesky Royalty earnings date

Logotype for Prairiesky Royalty Ltd
Q3 202521 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Prairiesky Royalty earnings date

Logotype for Prairiesky Royalty Ltd
Q3 202521 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

PrairieSky Royalty Ltd is a Canadian company that owns a portfolio of royalty interests in crude oil and natural gas properties. The company generates revenue by leasing lands and collecting royalties from production by third-party operators. It is headquartered in Calgary, Canada, and its shares are listed on the TSX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage