CALGARY, Alberta, Jan. 11, 2021 (GLOBE NEWSWIRE) — PrairieSky will release its annual and Q4 2020 results on Monday, February 8, 2021 after markets close. The news release detailing PrairieSky’s Annual and Q4 2020 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com.

A conference call to discuss the results will be held for the investment community on Tuesday, February 9, 2021 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, approximately … Continue Reading

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (TSX: PSK) (“PrairieSky” or the “Company”), Canada’s leading energy royalty business, is pleased to announce that during 2020 it received high scores from several globally recognized rating agencies, including CDP and Sustainalytics, for demonstrating outstanding performance in environmental stewardship, social responsibility, and governance (ESG).

“As a leading Canadian royalty business, we understand the important role we play in taking action to support best practices in governance, social responsibility and environmental stewardship,” said PrairieSky CEO Andrew Phillips. “The recognition by CDP and Sustainalytics, among others, is a testament to our … Continue Reading

CALGARY, Alberta, Dec. 07, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.06 per common share, payable in cash on January 15, 2021 to shareholders of record on December 31, 2020.   This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About PrairieSky Royalty Ltd.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow … Continue Reading

CALGARY, Alberta, Oct. 26, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its third quarter (“Q3 2020“) operating and financial results for the period ended September 30, 2020.

        Third Quarter 2020 Highlights:         •  Revenues increased 54% to $43.5 million, comprised of royalty production revenues of $38.4 million and other revenues
of $5.1 million, compared to Q2 2020.   • Funds from Operations increased 78% quarter over quarter to $37.9 million ($0.16 per common share basic and diluted).   • Royalty production averaged 18,745 BOE per day (48% liquids) with oil production increasing 9%… Continue Reading

CALGARY, Alberta, Oct. 08, 2020 (GLOBE NEWSWIRE) — PrairieSky will release its Q3 2020 results on Monday, October 26, 2020 after markets close. The news release detailing PrairieSky’s Q3 2020 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com.

A conference call to discuss the results will be held for the investment community on Tuesday, October 27, 2020 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, approximately 10 minutes prior to the conference call, … Continue Reading

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.06 per common share, payable in cash on October 15, 2020 to shareholders of record on September 30, 2020.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

PrairieSky is also pleased to provide an update on its previously announced normal course issuer bid (the “NCIB”). During the period from July 1, 2020 to September 9, 2020, the third quarter to date (“Q3TD”), PrairieSky has … Continue Reading

CALGARY, Alberta, July 20, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its second quarter (“Q2 2020“) operating and financial results for the period ended June 30, 2020.

Second Quarter 2020 Highlights:     • Revenues totaled $28.2 million, comprised of royalty production revenues of $25.1 million and other revenues of $3.1 million.   • Funds from Operations totaled $21.3 million ($0.09 per common share basic and diluted).   • Royalty production averaged 18,671 BOE per day (46% liquids).   • Second quarter dividends declared of $13.9 million ($0.06 per share), representing a payout ratio of… Continue Reading

CALGARY, Alberta, July 07, 2020 (GLOBE NEWSWIRE) — PrairieSky will release its Q2 2020 results on Monday, July 20, 2020 after markets close.  The news release detailing PrairieSky’s Q2 2020 results will provide operating and financial information.  Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com.

A conference call to discuss the results will be held for the investment community on Tuesday, July 21, 2020 beginning at 6:30 am MT (8:30 am ET).  To participate in the conference call, approximately 10 minutes prior to the conference call, … Continue Reading

CALGARY, Alberta, June 10, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.06 per common share, payable in cash on July 15, 2020 to shareholders of record on June 30, 2020.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About PrairieSky Royalty Ltd.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties.  PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow … Continue Reading

CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted the notice of PrairieSky’s intention to commence a normal course issuer bid (the “NCIB“). PrairieSky previously purchased an aggregate of 1,335,700 common shares at a weighted average price per share of $13.30 under a normal course issuer bid that ran between May 13, 2019 and May 12, 2020.

On April 20, 2020, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The … Continue Reading

CALGARY, Alberta, April 21, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on April 21, 2020 (the “Meeting“) in Calgary, Alberta. The resolutions approved at the Meeting were as follows:

The resolution to appoint the eight (8) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received … Continue Reading

CALGARY, Alberta, April 20, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its first quarter (“Q1 2020“) operating and financial results for the period ended March 31, 2020.

First Quarter 2020 Highlights:   •   Royalty production averaged 22,160 BOE per day (52% liquids), in line with royalty production in Q4 2019 of 22,203 BOE per day (53% liquids) and Q1 2019 of 22,007 BOE per day (52% liquids). •   Revenues totaled $52.7 million, comprised of royalty production revenues of $49.1 million and other revenues of $3.6 million. •   Funds from Operations totaled… Continue Reading