Source Rock Hits Record Royalty Production and Revenue
Company Announcements

Source Rock Hits Record Royalty Production and Revenue

Source Rock Royalties Ltd. (TSE:SRR) has released an update.

Source Rock Royalties Ltd. reported its highest annual royalty production and revenue figures in the company’s 11-year history, with significant growth driven by strategic acquisitions and consistent drilling activities. The company’s effective management kept corporate costs stable despite these expansions, allowing them to raise their dividend by 10% and switch to a monthly payout. The strong performance reflects both an increase in production from newly acquired assets and a solid increase in royalty lands.

For further insights into TSE:SRR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSource Rock Royalties Announces Monthly Cash Dividend
TipRanks Canadian Auto-Generated NewsdeskSource Rock Royalties Posts Record Q2 2024 Earnings
TipRanks Canadian Auto-Generated NewsdeskSource Rock Royalties Announces Monthly Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App