Source Rock Royalties Ltd. (TSE:SRR)
:SRR
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Source Rock Royalties Ltd.
(SRR)
Select Model
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Rating:75Outperform
Price Target:
C$0.99
▲(12.50% Upside)
Action:ReiteratedDate:12/30/25
The score is driven primarily by strong financial resilience (high margins and a debt-free balance sheet). Technicals are supportive with price holding above key averages, while valuation is tempered by a higher P/E despite an attractive dividend yield; recent corporate actions reinforce the income profile and potential portfolio expansion.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet provides significant financial flexibility and reduces solvency risk, supporting long-term stability and growth.
Negative Factors
Revenue Contraction
Declining revenue can impact future profitability and cash flow, challenging the company's ability to maintain growth and shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free balance sheet provides significant financial flexibility and reduces solvency risk, supporting long-term stability and growth.
Read all positive factors
Source Rock Royalties Ltd. (SRR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
N/A
Dividend Yield7.39%
Average Volume (3M)33.73K
Price to Earnings (P/E)21.2
Beta (1Y)0.28
Revenue Growth-12.83%
EPS Growth9.54%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Midstream
Share Statistics
EPS (TTM)0.01
Shares Outstanding45,582,726
10 Day Avg. Volume43,484
30 Day Avg. Volume33,733
Financial Highlights & Ratios
PEG Ratio-4.79
Price to Book (P/B)1.52
Price to Sales (P/S)5.08
P/FCF Ratio5.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Source Rock Royalties Ltd. Business Overview & Revenue Model
Company Description
Source Rock Royalties Ltd. acquires and manages oil and gas royalties and mineral title interests. The company has a light oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, east-central Alberta, west-central Alberta, an...
How the Company Makes Money
Source Rock Royalties Ltd. makes money by acquiring and managing royalty interests in oil and gas properties. These interests entitle the company to a share of the revenue generated from the production of oil and gas, typically calculated as a per...
Source Rock Royalties Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.57M | 7.69M | 6.65M | 6.49M | 4.26M | 1.38M |
| Gross Profit | 3.46M | 3.75M | 3.46M | 4.31M | 2.03M | 339.25K |
| EBITDA | 5.09M | 6.11M | 5.02M | 5.34M | 3.47M | 763.28K |
| Net Income | 1.52M | 1.50M | 1.57M | 2.56M | 176.54K | -2.86M |
Balance Sheet | ||||||
| Total Assets | 24.45M | 26.59M | 27.26M | 28.82M | 15.36M | 16.46M |
| Cash, Cash Equivalents and Short-Term Investments | 4.70M | 4.64M | 1.46M | 13.15M | 1.49M | 913.56K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 530.42K | 865.12K | 401.50K | 1.38M | 795.93K | 708.69K |
| Stockholders Equity | 23.92M | 25.72M | 26.86M | 27.44M | 14.56M | 15.75M |
Cash Flow | ||||||
| Free Cash Flow | 5.22M | 6.62M | -8.36M | 1.70M | 2.21M | 460.66K |
| Operating Cash Flow | 5.25M | 6.65M | 4.91M | 5.32M | 3.41M | 1.15M |
| Investing Cash Flow | -137.26K | -27.10K | -13.28M | -3.62M | -1.19M | -684.86K |
| Financing Cash Flow | -4.27M | -3.45M | -3.33M | 9.96M | -1.63M | -863.82K |
Source Rock Royalties Ltd. Technical Analysis
Positive
0.88
Price Trends
0.92
Positive
0.89
Positive
0.85
Positive
Market Momentum
0.02
Negative
65.97
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SRR, the sentiment is Positive. The current price of 0.88 is below the 20-day moving average (MA) of 0.95, below the 50-day MA of 0.92, and above the 200-day MA of 0.85, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 65.97 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SRR.
Source Rock Royalties Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
TSE:SRR
Source Rock Royalties Ltd.
0.99
0.24
32.00%
TSE:FRU
Freehold Royalties
17.05
6.55
62.32%
TSE:PSK
PrairieSky Royalty
32.09
9.14
39.81%
Source Rock Royalties Ltd. Corporate Events
Business Operations and StrategyDividends
Source Rock Royalties Declares Monthly Dividend and Reaffirms Yield-Focused Strategy
Positive
Jan 15, 2026
Source Rock Royalties Ltd. has declared a monthly cash dividend of $0.0065 per common share, payable on February 13, 2026 to shareholders of record as of January 30, 2026, and has designated the payment as an eligible dividend for Canadian income ...
Business Operations and StrategyDividends
Source Rock Royalties Declares Monthly Dividend for February 2026
Positive
Jan 15, 2026
Source Rock Royalties Ltd. has declared a monthly cash dividend of $0.0065 per common share, payable on February 13, 2026 to shareholders of record as of January 30, 2026, and has designated the payout as an eligible dividend for Canadian tax purp...
Business Operations and StrategyDividends
Source Rock Royalties Declares Monthly Dividend
Positive
Dec 15, 2025
Source Rock Royalties Ltd. has declared a monthly dividend of $0.0065 per common share, payable on January 15, 2026, to shareholders of record on December 31, 2025. This move reflects the company’s strategy of maintaining a balanced growth a...
Business Operations and StrategyFinancial Disclosures
Source Rock Royalties Reports Q3 2025 Results Amidst Weaker Oil Prices
Neutral
Dec 1, 2025
In its third quarter of 2025, Source Rock Royalties Ltd. reported a decline in royalty production and revenue due to weaker oil prices, which led to reduced drilling activity. Despite these challenges, the company maintained a strong cash flow and...
Business Operations and StrategyDividends
Source Rock Royalties Declares Monthly Dividend for December
Positive
Nov 14, 2025
Source Rock Royalties Ltd. has announced a monthly dividend of $0.0065 per common share, payable on December 15, 2025, to shareholders recorded by November 28, 2025. This move reflects the company’s commitment to providing shareholder value ...
Business Operations and Strategy
Source Rock Royalties Enters Joint Venture for Alberta Mineral Rights
Positive
Nov 3, 2025
Source Rock Royalties Ltd. has announced a joint acquisition agreement with a private company to lease Crown mineral rights in Alberta, focusing on oil sands and petroleum and natural gas leases. This joint venture aims to farm out the development...
Business Operations and StrategyDividends
Source Rock Royalties Declares Monthly Dividend
Positive
Oct 15, 2025
Source Rock Royalties Ltd. has declared a monthly dividend of $0.0065 per common share, payable on November 14, 2025, to shareholders of record on October 31, 2025. This move aligns with the company’s strategy of using funds from operations ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.