PrairieSky Announces First Quarter 2025 Results

Apr 14, 2025

CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2025.

Mesabi Trust Press Release

https://www.businesswire.com/news/home/20250415143951/en/Mesabi-Trust-Press-Release

The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year.

Annual Highlights:

• Record annual royalty production of 251 boe/d (95% oil and NGLs), an increase of 21% over 2023.
• Record annual royalty revenue of $7,689,586, an increase of 16% over 2023.
• Record annual Adjusted EBITDA⁽²⁾ of $6,816,173 ($0.15 per share), an increase of 18% (16% per share) over 2023.
• Record annual funds from operations⁽²⁾ of $5,994,371 ($0.13 per share), an increase of 6% (5% per share) over 2023.
• Declared $3,473,939 in dividends ($0.0765 per share), resulting in a payout ratio⁽²⁾ of 58%.
• Achieved an operating netback⁽²⁾ of $74.20 per boe and a corporate netback⁽²⁾ of $65.25 per boe.
• 43 gross new horizontal wells began producing on royalty lands in S.E. Saskatchewan (20), central Alberta (18), west-central Saskatchewan (3), east-central Alberta (1) and Manitoba (1).
• Working capital of $4,860,362 ($0.105 per share) as at December 31, 2024.

Sitio Royalties Reports First Quarter 2025 Operational and Financial Results

https://www.businesswire.com/news/home/20250507898907/en/Sitio-Royalties-Reports-First-Quarter-2025-Operational-and-Financial-Results

Freehold Royalties Announces First Quarter 2025 Results – Freehold Royalties Ltd.

First Quarter 2025 Highlights

• $91 million in revenue;
• $68 million in funds from operations ($0.42/share) ⁽¹⁾⁽³⁾;
• $44 million in dividends paid ($0.27/share)⁽²⁾;
• 10,635 bbls/d of total liquids production, an 8% increase from previous quarter driven by continued execution of our U.S. expansion strategy and heavy oil growth in Canada;
• 16,248 boe/d of total production, a 6% increase from previous quarter with a 65% weighting to oil and natural gas liquids (NGLs), an increase from 63% in Q1-2024;
• Gross drilling of 322 wells, up 12% from Q4-2024;
• Robust leasing with 25 new leases signed (14 in Canada; 11 in the U.S.) contributing $3.9 million in revenue with the U.S. contributing a record $3.3 million in lease bonus; and
• $59.29/boe average realized price ($72.64/boe in the U.S. and $49.26/boe in Canada);
  • 47% pricing premium on Freehold’s U.S. production reflecting higher liquids weighting, higher quality crude oil and reduced transportation costs to get product to market.

Altius Reports Q1 2025 Attributable Royalty Revenue of $15.0M and Adjusted Earnings⁽¹⁾ of $2.4M

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports first quarter 2025 revenue of $12.6 million compared to $13.9 million in Q1 2024. Attributable royalty revenue⁽¹⁾ of $15.0 million ($0.32 per share⁽¹⁾) compares to $15.4 million ($0.33 per share) reported in Q1 2024.

Operating Royalty Portfolio Performance

Uranium Royalty Corp. Acquires Royalty on Forum Energy Metals Aberdeen Uranium Project in Canada

https://www.prnewswire.com/news-releases/uranium-royalty-corp-acquires-royalty-on-forum-energy-metals-aberdeen-uranium-project-in-canada-302465383.html

SOURCE ROCK ROYALTIES ANNOUNCES FIRST QUARTER 2025 RESULTS

CEO | Mobile Investment Conference

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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

https://investors.sitio.com/news/news-details/2025/Viper-Energy-Inc--a-Subsidiary-of-Diamondback-Energy-Inc--to-Acquire-Sitio-Royalties-Corp--in-All-Equity-Transaction-Increases-Base-Dividend/default.aspx

PrairieSky Royalty Declares Quarterly Dividend

PrairieSky Royalty Ltd. (PSK:CA) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on July 15, 2025 to shareholders of record on June 30, 2025. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.

https://ml.globenewswire.com/Resource/Download/ed36038b-776e-41dd-a995-8ee06469cabf

CALGARY, AB, June 16, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on July 15, 2025 to shareholders of record on June 30, 2025.

CALGARY, Alberta, June 16, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2025 to shareholders of record on June 30, 2025.

Freehold Royalties Declares Dividend for June 2025, by @GlobeNewswire

CALGARY, Alberta, June 16, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a…

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PRAIRIESKY ANNOUNCES SECOND QUARTER 2025 RESULTS

Calgary, Alberta (July 14, 2025)

PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its second quarter operating and financial results for the period ended June 30, 2025.

Second Quarter Highlights:

• Record oil royalty production of 14,376 barrels per day, an 8% increase over Q2 2024(1). Total

royalty production averaged 26,457 BOE per day, a 4% increase over Q2 2024.

• Revenues totaled $123.6 million for Q2 2025(1) comprised of royalty production revenue of $111.2

million and other revenue of $12.4 million, including bonus consideration of $8.5 million earned on

entering into 47 new leasing arrangements primarily focused on the Duvernay light oil play.

• Funds from operations totaled $96.7 million or $0.41 per share, a decrease of 9% from Q2 2024

as record oil royalty production volumes, narrowed heavy and light oil price differentials and a

weaker Canadian dollar were offset by lower benchmark US$ WTI pricing.

• Declared a second quarter dividend of $61.2 million ($0.26 per share), representing a payout ratio of 63%.

• Purchased and cancelled 84,020 common shares under the Company’s normal course issuer bid ("NCIB") for $2.0 million.

• Completed acquisitions for $6.5 million, primarily of non-producing gross overriding royalty interests targeting Mannville oil.

• Net debt totaled $242.0 million as at June 30, 2025, a decrease of $16.8 million from March 31,

2025.

https://ml.globenewswire.com/Resource/Download/36ee4b7d-4f4e-42d9-a2fb-c3c005d65436

CALGARY, AB, July 15, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on August 15, 2025 to shareholders of record on July 31, 2025.

CALGARY, Alberta, July 15, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on August 15, 2025 to shareholders of record on July 31, 2025.

Freehold Royalties Declares Dividend for July 2025, by @GlobeNewswire

CALGARY, Alberta, July 15, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a…

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Altius Completes Sale of 2/3 of its Silicon Gold 1.5% NSR to Franco-Nevada

Altius Retains 0.5% NSR interest as Long-Term Portfolio Component

https://www.businesswire.com/news/home/20250723337940/en/Altius-Completes-Sale-of-23-of-its-Silicon-Gold-1.5-NSR-to-Franco-Nevada

VANCOUVER, BC / ACCESS Newswire / July 24, 2025 / RE Royalties Ltd (RE:CA). (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared a cash distribution of $0.01 per issued and outstanding common share for the second quarter ending June 30, 2025.

The distribution is payable on September 3, 2025, to shareholders of record on August 13, 2025.

https://www.accessnewswire.com/newsroom/en/business-and-professional-services/re-royalties-declares-2025-second-quarter-shareholders-dividend-1052572