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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Q3 2023 Prairiesky Royalty Ltd Earnings Call Transcript

Oct 24, 2023 / 12:30PM GMT
Release Date Price: C$24.45 (+0.08%)
Operator

Ladies and gentlemen, thank you for standing by. PrairieSky Royalty Ltd announces their Third Quarter 2023 Financial Results. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to turn the conference over to Andrew Phillips, President and Chief Executive Officer. Please go ahead.

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

Thank you, Michelle, and good morning, everyone, and thank you for dialing into the PrairieSky Q3 2023 Earnings Call. On the call from PSK are Pam Kazeil, CFO; Dan Bertram, CCO; and myself, Andrew Phillips. There are certain forward-looking information in my commentary today, so I would ask investors to review the forward-looking statements qualified in our press release and MD&A.

PrairieSky achieved its highest total production in the third quarter since our IPO at 25,469 BOE per day. This included 12,084 barrels per day of crude oil royalties, up 6% from the same quarter in 2022. Natural gas volumes were positively impacted by the

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