Royalty- und Streamingfirmen für Rohstoffe und Energie

    Zitat von Sorgenfrei

    PRAIRIESKY ANNOUNCES 2023 THIRD QUARTER RESULTS

    https://ml.globenewswire.com/R…60-469b-9bee-ff60062e80fe

    PrairieSky Royalty Ltd. (PREKF) Q3 2023 Earnings Call Transcript
    PrairieSky Royalty Ltd. (OTCPK:PREKF) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ETCompany ParticipantsAndrew Phillips - President &...
    seekingalpha.com

    TPZ mit Zahlen für das dritte Quartal, mit Vorquartalszahlen in Klammern:


    Q3/2023

    FCF: $72,4M (Q2: $66,4Mio)

    Produktion: 18,617 boe/d (Q2: 18,411 boe/d)

    Dividenden/FCF: 60% (Q2: 65,4%)

    Schulden: $363,2M / 1.3x ($352,4M / 1.2x)


    Im Clearwater-Gebiet wurde für $26,3M eine neue Royalty erworben sowie ein 99%iger Anteil an einem Pipeline-System, das die dortige Produktion weiterleitet. Daraus versprechen sie sich weitere Synergien und neue Royalties.


    Die Guidance wird für 2024 leicht angehoben und der Schuldenstand sollte sich aufgrund des starken Cashflows fast auf 0,6x halbieren, sofern keine weiteren Zukäufe getätigt werden.


    TPZ bleibt in meinen Augen ein solider Dividendenwert mit dem Alleinstellungsmerkmal einer Umsatzmischung as 80% Royalties und 20% Midstream.

    Ecora ungefähr an langjährigem Horizontalsupport und 68er fib-Retracement angekommen.

    Kurzfristiges Ziel der Bear Flag ist fast erreicht.


    Ob es das wohl war, mit einer leichten Unterschreitung vllt., wie 2020? Oder weiter bergab in der Rezession, Richtung 60-50-40-30?



    Ich bin da schon länger raus, zugunsten Uranaktien. Habe sie auf der Watchlist für später mal.

    Gruß,

    GL

    Das Publikum... wendet sich von dem Gebrauche des durch die Umlaufmittelvermehrung kompromittierten Geldes ab, flüchtet zum ... Barrenmetall, zu den Sachwerten, zum Tauschhandel, kurz, die Währung bricht zusammen. (Ludwig von Mises)

    Danke 1
    Zitat von Sorgenfrei

    Topaz Energy (TSX:TPZ:CA) declares CAD 0.31/share quarterly dividend, in line with previous.Payable Dec. 29; for shareholders of record Dec. 15; ex-div Dec. 14.

    Topaz Energy Corp. (TPZEF) Q3 2023 Earnings Call Transcript
    Topaz Energy Corp. (OTCPK:TPZEF) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ETCompany ParticipantsScott Kirker - General CounselMarty Staples...
    seekingalpha.com

    Ecora Resources: The Green Transition Causes A Short-Term Pain, But The Prospects Are Good


    erschienen bei Seeking Alpha, von Peter Arendas


    Summary

    • Ecora Resources is transitioning to become a "green" royalty and streaming company, focusing on copper, cobalt, and nickel.
    • The company's cornerstone asset is the Kestrel coking coal mine, which is expected to cease production in 2026.
    • Even without Kestrel, the portfolio is robust enough to be generating revenues of around $100 million in 4-5 years.
    • At the current metals prices, Ecora offers a conservative 250% upside potential.


    Conclusion

    Over the recent quarters, Ecora's share price declined by 50%. The main reason is worsened financial results due to the declining Kestrel royalty contributions, as well as temporarily lower production at the Voisey's Bay mine. The recent lows touched the $1 level. And although the share price bounced back up above $1.1, it is hard to say whether the bearish trend is over, as the technical indicators don't indicate any trend reversal. The $1 level may be re-tested again soon. On the other hand, if the share price starts growing, the next more meaningful resistance should be met only in the $1.6 area.

    Although the end of the Kestrel royalty contributions and the whole transition to green assets may cause some near-term pain, the long-term prospects of the company are very good, due to the quality assets included in its portfolio. Even after the Kestrel royalty stops generating cash flows (probably in 2026), Ecora has the potential to reach annual revenues of around $100 million over the next 4-5 years. Of course, if the current metals prices prevail, and there are no major negative surprises, especially at the development-stage assets. At revenues of $100 million, it is reasonable to expect Ecora's market capitalization to approach the $1 billion level. It means a nearly 250% upside at the current share count.






    PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2023; Increases Fixed Quarterly Dividend 33% and Expands Borrowing Base

    PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2023; Increases Fixed Quarterly Dividend 33% and Expands Borrowing Base
    /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended Sept. 30, 2023....
    www.prnewswire.com

    Summary of Results for the Quarter Ended Sept. 30, 2023

    • Net income was $1.9 million, or $0.05 per diluted share, compared to net loss of ($0.04) million, or $0.00 per diluted share, for the quarter ended June 30, 2023, and net income of $9.2 million, or $0.25 per diluted share, for the quarter ended Sept. 30, 2022.
    • Adjusted pretax net income(1) was $3.2 million, or $0.09 per diluted share, compared to $0.6 million, or $0.02 per diluted share, for the quarter ended June 30, 2023, and $5.3 million, or $0.15 per diluted share, for the quarter ended Sept. 30, 2022.
    • Adjusted EBITDA(1) was $6.3 million, compared to $4.1 million for the quarter ended June 30, 2023, and $8.4 million for the quarter ended Sept. 30, 2022.
    • Royalty production volumes increased 3% to 2,073 Mmcfe compared to the quarter ended June 30, 2023, and increased 13% compared to the quarter ended Sept. 30, 2022.
    • Total production volumes increased 2% to 2,348 Mmcfe compared to the quarter ended June 30, 2023, and decreased 9% compared to the quarter ended Sept. 30, 2022.
    • Converted 71 gross (0.155 net) wells to producing status, compared to 81 gross (0.30 net) during the quarter ended June 30, 2023 and 49 gross (0.22 net) during the quarter ended Sept. 30, 2022.
    • Inventory of 185 gross (0.81 net) wells in progress and 93 gross (0.28 net) permits as of Sept. 30, 2023, compared to 186 gross (0.51 net) wells in progress and 86 gross (0.40 net) permits as of June 30, 2023.
    • Total debt was $30.8 million and the debt to adjusted EBITDA (TTM) (1) ratio was 1.31x at Sept. 30, 2023.

    Subsequent Events

    • PHX announced a 33% increase in its fixed quarterly dividend to $0.03 per share, payable on Dec. 7, 2023, to stockholders of record on Nov. 23, 2023.
    • PHX entered into the fifth amendment to its credit agreement on Nov. 6, 2023 pursuant to which, among other changes, the borrowing base under PHX's credit facility is increased from $45.0 million to $50.0 million in connection with its regularly scheduled semi-annual redetermination.

    Altius Reports Q3 2023 Attributable Royalty Revenue of $17.8M and Adjusted Earnings(1) of $2.6M

    Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports third quarter revenue of $15.2 million compared to $25.9 million for the same period in 2022, while attributable royalty revenue(1) of $17.8 million ($0.38 per share(1)) compares to $26.2 million ($0.55 per share) reported in Q3 2022.

    Brian Dalton, CEO commented, “Third quarter revenue primarily reflects substantially lower realized potash prices relative to the record levels of last year as well as the scheduled closure of the 777 mine in 2022. We continue to believe that most prices remain below those required to incentivize growth investment and to offset projected market supply-demand deficits over coming periods. Despite the continued weakness in prices, positive progress at several potential development and expansion based assets continued during the quarter, as noted in the quarterly highlights below.”

    Quarterly Highlights

    • AngloGold Ashanti (“AGA”) provided an update on August 4th on the rebranded ‘Expanded Silicon Project’, which now includes both the Silicon and Merlin gold deposits. AGA has stated an exploration target for Merlin of 6 to 8 million ounces that is in addition to the more than 4 million ounce inferred resource estimate that it has published for Silicon. An initial Inferred Mineral Resource estimate for Merlin and a pre-feasibility study for the Expanded Silicon Project that considers ‘synergies from the increased economy of scale and integrated infrastructure, with potential for large scale mining’ are expected to be completed by year end. Altius holds a 1.5% NSR royalty related to the project.
    • The Corporation recognized its first ever royalty revenue related to lithium production from its ownership interest in Grota do Cirilo.
    • ARR Q3 royalty revenue of $2.6 million was up 27% from the same quarter last year, as a result of continued renewable royalty portfolio growth and stronger power prices experienced due to warmer summer weather and increased power demand. Included in ARR's financial results is a $2.9 million loss in joint venture associated with Great Bay Renewables equity investment in an early-stage renewable energy development entity. In addition, ARR recently announced that the jointly controlled entity Great Bay Renewables closed a US$247 million credit facility that will enable it to continue to grow its renewable royalty business on a non dilutive basis.
    • Coal related royalty revenue is expected to end by year end as the Genesee power plant completes its conversion to natural gas based fuelling.
    • IOC has reduced their production guidance for the remainder of 2023 following extended plant downtown and conveyor belt failures while also recovering from wildfires in northern Quebec.
    • Nutrien has indicated a strong third quarter rebound in potash fertilizer demand, led by North American and Brazilian growers, and increased its full year 2023 and 2024 global shipment expectation guidance. The decrease in potash prices from prior year record levels appears to have stabilized and prices are expected to increase slightly throughout the third quarter in certain key markets.
    • Mosaic announced an increase in total nameplate capacity to 7.8 million tons at the Esterhazy potash mine, which compares to 6 million tons in 2022. Further debottlenecking at Esterhazy is expected to add an additional 400kt of capacity.
    • Lundin Mining continued an aggressive delineation and expansion drilling program at the Sàuva copper discovery within the Chapada district. It has commented that it expects the work to result in increasing resource estimates in coming periods while ongoing expansion study work continues.
    • Champion Iron continued to progress updated feasibility studies concerning the potential development of the Kami Iron Ore project in the Labrador Trough with full results expected later this year or early next year. Altius holds a 3% gross sales royalty on the Kami project.

    https://www.businesswire.com/news/home/20231108961475/en/

    Sitio Royalties Reports Third Quarter 2023 Operational and Financial Results

    Pro Forma In-Period Average Quarterly Production Volume of 36,654 Boe/d (50% Oil)(1)

    Declared $0.49 Dividend Per Share of Class A Common Stock for Third Quarter 2023

    Record High 50.9 Net Line-of-Sight Wells as of September 30, 2023, of Which 82% Are in the Permian Basin

    Recapitalized Balance Sheet With New $600 Million 7.875% Senior Notes Due 2028, Lowering Expected Cash Interest by More Than $11 Million Per Year and Enhancing Liquidity by More Than $170 Million

    Announces Definitive Agreement to Sell Appalachia and Anadarko Basin Assets for $117.5 Million, Subject to Customary Closing Adjustments

    https://www.businesswire.com/news/home/20231108382654/en/

    Freehold Royalties Announces Third Quarter Results With Increased U.S. Production

    https://www.freeholdroyalties.com/media/997

    President’s Message

    The third quarter marked another strong period for Freehold as the Company was able to execute on the core aspects of its North American strategy, while providing a consistent and sustainable return for our shareholders. Record production

    and premium pricing within Freehold’s U.S. portfolio was a key driver in funds from operations of $65 million or $0.43/share for the quarter. Freehold returned $41 million or $0.27/share in dividends to its shareholders, yielding a payout ratio of 62%, while reducing net debt by 19% quarter over quarter. Freehold’s high margin, North American royalty portfolio enables the current dividend to be well-funded at prices significantly below current strip prices.

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