Valuation: Source Rock Royalties Ltd.

Market Cap 5.11Cr 3.63Cr 3.23Cr 2.99Cr 2.71Cr 342.5Cr 5.17Cr 36Cr 14Cr 180.03Cr 14Cr 13Cr 573.67Cr P/E 2024
27.7x
P/E 2025 31.4x
Enterprise Value 4.69Cr 3.33Cr 2.97Cr 2.75Cr 2.49Cr 314.65Cr 4.75Cr 33Cr 13Cr 165.39Cr 13Cr 12Cr 527.03Cr EV / Sales 2024
4.5x
EV / Sales 2025 5.96x
Free-Float
90%
Yield 2024
8.9%
Yield 2025 8.86%
15/10 Source Rock Royalties Ltd. Declares Monthly Cash Dividend on Common Share, Payable on November 13, 2026 CI
13/10 Source Rock Royalties Ltd. Acquires Alberta Heavy Oil Gross Overriding Royalty In Oil Sands Leases CI
15/09 Source Rock Royalties Declares Monthly Dividend, Payable on October 15, 2026 CI
31/08 Earnings Flash (SRR.V) Source Rock Royalties Ltd. Reports Q2 Royalty Revenue C$2.1M MT
31/08 Source Rock Royalties Ltd. Reports Production Results for the Second Quarter and Six Months Ended June 30, 2026 CI
29/08 Source Rock Royalties Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
28/08 Source Rock Royalties Ltd. (TSXV:SRR acquired 50% stake in 16.75 sections (10,720 acres) of Crown mineral leases in Alberta for CAD 0.40 million. CI
28/08 Source Rock Royalties Ltd. acquired 50% stake in 8 sections (5,120 acres) of Crown mineral leases in Alberta for CAD 0.25 million. CI
14/08 Source Rock Royalties Declares Monthly Dividend, Payable on September 15, 2026 CI
16/07 Source Rock Royalties Declares Monthly Dividend, Payable in Cash on August 14, 2026 CI
15/06 Source Rock Royalties Declares Monthly Dividend, Payable in Cash on July 15, 2026 CI
01/06 Source Rock Royalties Ltd. acquired 50% stake in 15 sections (9,600 acres) of Crown oil sands and PNG mineral leases in Alberta for CAD 0.30 million. CI
01/06 Earnings Flash (SRR.V) Source Rock Royalties Reports Q1 Revenue $1.305M, Down 22% YoY; Per Share Basic $0.008 and Diluted $0.007 MT
1 day+3.70%
1 week+1.82%
Current month+3.70%
1 month+3.70%
3 months+12.00%
6 months+14.29%
Current year+27.27%
1 week 1.05
Extreme 1.05
1.12
1 month 1.02
Extreme 1.02
1.15
Current year 0.86
Extreme 0.86
1.15
1 year 0.84
Extreme 0.84
1.15
3 years 0.78
Extreme 0.78
1.15
5 years 0.65
Extreme 0.65
1.15
10 years 0.65
Extreme 0.65
1.15
Manager TitleAgeSince
Chief Executive Officer 45 01/05/2013
Director of Finance/CFO - 01/09/2022
Corporate Secretary - -
Director TitleAgeSince
Chairman 45 01/05/2013
Director/Board Member - 29/01/2014
Director/Board Member - 30/05/2013
Date Insider Type Main position Quantity % Market Cap. Importance
29/07/26 Option

Director

-21,176 0.0465%
29/07/26 Option

Chief Executive Officer

-2,07,331 0.4548%
29/07/26 Option

Chief Executive Officer

2,07,331 0.4548%
Change 5-day change 1-year change 3-year change Capi.($)
+3.70%+1.82%+28.74%+34.94% 3.63Cr
-0.19%+2.34%+68.58%+17.42% 17TCr
-0.04%+3.21%+81.82%+69.77% 11TCr
-0.02%+2.39%+48.89%+18.50% 8.28TCr
+0.94%-1.23%-9.04%+3.21% 6.66TCr
-0.35%+2.10%+53.26%-3.80% 6.27TCr
-0.24%+0.13%+99.66%+64.34% 6.1TCr
+0.29%+1.25%+35.05%+37.79% 5.87TCr
-1.01%-0.10%+55.55%+3.21% 5.73TCr
-0.74%+1.73%+41.97%+20.69% 5.63TCr
Average +0.23%+1.16%+50.45%+26.61% 7.32TCr
Weighted average by Cap. -0.13%+1.45%+56.83%+27.10%

Financials

2024 2025
Net sales 76.9L 54.67L 48.71L 45.1L 40.81L 52Cr 77.81L 5.41Cr 2.12Cr 27Cr 2.05Cr 2.01Cr 86Cr 60.31L 42.88L 38.21L 35.37L 32.01L 40Cr 61.03L 4.24Cr 1.66Cr 21Cr 1.61Cr 1.57Cr 68Cr
Net income 14.95L 10.63L 9L 9L 8L 10Cr 15.13L 1.05Cr 41.26L 5.27Cr 39.88L 39.05L 17Cr 13.22L 9L 8L 8L 7L 8.87Cr 13.38L 93L 36.49L 4.66Cr 35.27L 34.53L 15Cr
Net Debt -46.36L -32.96L -29.37L -27.19L -24.61L -31Cr -46.91L -3.26Cr -1.28Cr -16Cr -1.24Cr -1.21Cr -52Cr -41.5L -29.51L -26.29L -24.34L -22.03L -28Cr -41.99L -2.92Cr -1.15Cr -15Cr -1.11Cr -1.08Cr -47Cr
Projected Income Statement - Annual - Source Rock Royalties Ltd.
Logo Source Rock Royalties Ltd.
Source Rock Royalties Ltd. is a Canada-based pure-play oil and gas royalty company. It has an oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, central Alberta and west-central Saskatchewan. It is indirectly involved in the development and production of oil, natural gas liquids (NGLs) and natural gas, exclusively in western Canada. It identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. It owns varying GORRs in approximately 35,000 gross acres of land located in southeast Saskatchewan (the S.E. Saskatchewan GORR Lands). The S.E. Saskatchewan GORR Lands produce predominately light oil from multiple formations, including Frobisher, Midale, Bakken, Tilston, Souris Valley and Lower Watrous-Alida. It owns a production volume royalty on land located in east-central Alberta. It owns a 1.5% GORR in approximately 61,000 largely contiguous acres of land located in central Alberta.
Employees
-
Date Price Change Volume
21/26/21 CA$1.120 +3.70% 2,440
20/26/20 CA$1.080 0.00% 63,120
19/26/19 CA$1.080 -0.92% 1,57,173
16/26/16 CA$1.090 +1.87% 2,07,956
15/26/15 CA$1.070 -2.73% 1,88,110