The earnings call highlighted record oil production and revenue growth, along with strong drilling activity and increased financial flexibility. However, there were concerns regarding flat natural gas and NGL revenues and significant net debt levels.
Company Guidance -
Q3 2025
During the second quarter 2025 earnings call, PrairieSky Royalty Limited reported record royalty oil production of 14,376 barrels per day, marking an 8% increase from the same quarter in the previous year. The company achieved royalty production revenue of $111.2 million, with oil production contributing $95.7 million and natural gas and NGL revenue adding $15.5 million. Funds from operations totaled $96.7 million, equating to $0.41 per share, with declared dividends of $61.2 million or $0.26 per share, resulting in a payout ratio of 63%. Excess funds were used for acquiring incremental royalty interests worth $6.5 million and repurchasing $2 million in stock. PrairieSky also increased its credit facility to $600 million, enhancing its financial flexibility. The company experienced significant drilling activity, with 117 spuds in the quarter, including a high proportion of multilateral spuds, notably in the Clearwater, and strong development in the Duvernay light oil play.
Record Royalty Oil Production
PrairieSky achieved record royalty oil production of 14,376 barrels per day, up 8% from the same quarter the year before.
Strong Drilling Activity
A total of 117 spuds in Q2 2025, with 61 multilateral spuds representing 52% of all new wells, marking a new high watermark for multilateral spuds.
Revenue Growth
Royalty production revenue totaled $111.2 million in Q2 2025, driven by oil production generating $95.7 million of revenue.
Financial Flexibility
PrairieSky increased its credit facility by $250 million to $600 million, providing incremental liquidity and financial flexibility.
PrairieSky Royalty (PREKF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Jul 14, 2025
$17.20
$17.59
+2.27%
Apr 14, 2025
$16.28
$16.65
+2.27%
Feb 10, 2025
$18.69
$18.98
+1.55%
Oct 28, 2024
$19.41
$19.46
+0.26%
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 Oct 20, 2025, After Close (Confirmed).
What is PrairieSky Royalty (PREKF) earnings time?
PrairieSky Royalty (PREKF) earnings time is at Oct 20, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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