- PrairieSky Royalty reported fourth-quarter revenue of C$135.6 million, outperforming estimates of C$122.4 million despite a slight decline of 0.7% compared to the previous year.
- Earnings per share (EPS) stood at C$0.25, slightly lower than the previous year’s C$0.28 and below the estimate of C$0.26.
- Funds from operations (FFO) per share were reported at C$0.41, down from C$0.46 a year ago but surpassing the expected C$0.40.
- The average royalty production was 24,982 barrels of oil equivalent per day (boe/d), a decrease of 2.4% year-over-year, and slightly below the estimate of 25,331 boe/d.
- Analyst recommendations for PrairieSky include 4 buys, 6 holds, and 1 sell.
A look at Prairiesky Royalty Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts assessing PrairieSky Royalty’s long-term prospects have assigned it a mix of Smart Scores indicating a moderate to positive outlook. The company shows promising potential for growth, with a score of 4 in that category. Additionally, PrairieSky Royalty demonstrates stability and resilience, as evidenced by its score of 3 in both the Value and Resilience categories. This suggests the company may be well-positioned to weather market fluctuations.
Furthermore, PrairieSky Royalty maintains a consistent performance in terms of dividends and momentum, with scores of 3 in these areas. This balanced evaluation across different key factors underscores the company’s ability to generate free cash flow and sustain growth through its strategic indirect investments in the oil and gas sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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