PrairieSky Royalty (PREKF)
OTHER OTC:PREKF
Earnings Data
Report Date
Apr 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational and financial picture: record oil production, material YoY growth in key plays (Duvernay +90%, Clearwater reserves +42%), strong drilling activity on PSK lands, healthy margins (~98%), active capital allocation including $100M of accretive acquisitions and share cancellations, and an increased dividend. The primary negatives were operational volatility from pad timing and high-decline new wells, a small dip in average royalty rate, and meaningful sensitivity to commodity and FX movements. On balance, the favorable growth, returns, and capital actions substantially outweigh the operational timing risks and sensitivity exposures.Company Guidance
Record Oil Production
Oil royalty production reached a record annual average of 13,940 barrels per day in 2025, up 6% year-over-year; Q4 averaged 13,750 bpd.
Reserves and PDP Growth
PDP reserves grew over 7% year-over-year, supporting production growth and inventory longevity.
Strong Drilling and Operator Activity on Lands
Estimated $2.0 billion of gross third-party capital was spent on PSK lands in 2025, representing 8.3% of conventional basin CapEx (up from 6.9% in 2024).
Play-Level Outperformance
Duvernay royalty production increased ~90% year-over-year; Clearwater 2P reserves rose 42% year-over-year; Clearwater spuds up 9% YoY, Mannville Stack spuds up 11% YoY, Duvernay spuds up 67% YoY.
Multi-lateral and Recovery Improvements
Multi-lateral drilling represented 285 spuds in 2025 (40% of drilling on PSK lands, up from 36% in 2024); ~50% of Clearwater volumes are under waterflood support, improving recovery and lowering decline.
Material Financial Results
Royalty revenue totaled $102.9 million in Q4 and $441.7 million for the year (94% liquids). Funds from operations were $80.5 million ($0.35/share) in Q4 and $353 million ($1.50/share) for 2025.
NGL Production and Pricing Mix
Q4 NGL royalty production increased 17% (Q4 avg 2,915 bpd) and NGL production grew 5% year-over-year; pentanes and condensate comprised ~35% (>1,000 bpd) of NGL volumes, supporting realized NGL pricing.
Capital Allocation and Returns to Shareholders
Executed $100 million of acquisitions with strong projected returns, cancelled 2.6% of outstanding shares via buybacks, and paid $243.4 million in dividends. Annual dividend increased 2% to $1.06 per share; Q1 dividend = $0.265.
High Operating Margins and Strong Duration
Reported ~98% operating margins and emphasized long-duration inventory, positioning the company to deliver strong returns to owners.
Tax Position and Sensitivities
Tax pools of $1.18 billion provide ~10% per year shelter (first ~$118 million of cash flow tax-free in 2026); provided FFO sensitivities: $5/bbl WTI ≈ $24.5M FFO, $1 differential ≈ $5.5M, $0.25 AECO ≈ $4M, $0.01 FX ≈ $4M.
PREKF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PREKF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $22.17 | $21.59 | -2.62% |
Oct 20, 2025 | $17.49 | $17.80 | +1.81% |
Jul 14, 2025 | $16.73 | $17.11 | +2.29% |
Apr 14, 2025 | $15.83 | $16.20 | +2.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PrairieSky Royalty (PREKF) report earnings?
PrairieSky Royalty (PREKF) is schdueled to report earning on Apr 20, 2026, After Close (Confirmed).
What is PrairieSky Royalty (PREKF) earnings time?
PrairieSky Royalty (PREKF) earnings time is at Apr 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PREKF EPS forecast?
Currently, no data Available