PrairieSky Royalty Ltd (TSX:PSK)
C$ 27.75 -0.32 (-1.14%) Market Cap: 6.63 Bil Enterprise Value: 6.74 Bil PE Ratio: 29.84 PB Ratio: 2.42 GF Score: 88/100
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Q2 2023 Prairiesky Royalty Ltd Earnings Call Transcript

Jul 18, 2023 / 12:30PM GMT
Release Date Price: C$26.54 (+3.96%)
Operator

Good day, and welcome to PrairieSky Royalty Ltd. Announced the Second Quarter 2023 Financial Results. (Operator Instructions) As a reminder, this call is being recorded. I would now like to hand the call over to Andrew Phillips, President and CEO. You may begin.

Andrew M. Phillips
PrairieSky Royalty Ltd. - President, CEO & Non-Independent Director

Thank you, and good morning, and thanks for dialing into the PrairieSky Q2 2023 Earnings Call. On the call from PrairieSky are Cam Proctor, COO; Pam Kazeil, CFO; and myself, Andrew Phillips. There's certain forward-looking information in my commentary today. So I'd ask investors to review the forward-looking statements qualified in our press release and MD&A. I'll walk through the operations report, and then turn the call over to Pam to summarize the financials.

Q2 is another solid quarter for PrairieSky operationally and financially. Oil royalty volumes grew organically to 12,607 barrels per day and are now 6% higher over the first 6 months of 2023 when compared with the first 6 months of 2022.

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