PrairieSky Royalty Ltd (OTCPK:PREKF)
$ 20.665 0.115 (0.56%) Market Cap: 4.95 Bil Enterprise Value: 5.06 Bil PE Ratio: 29.15 PB Ratio: 2.44 GF Score: 82/100

Q4 2021 Prairiesky Royalty Ltd Earnings Call Transcript

Feb 08, 2022 / 01:30PM GMT
Release Date Price: $13.36 (-2.20%)
Operator

Good day, and thank you for standing by. Welcome to the PrairieSky Royalty Limited announcing of their Fourth Quarter 2021 Financial Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Mr. Andrew Phillips. Mr. Phillips, the floor is yours.

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

Thank you, Chris. Good morning, everyone, and thank you for dialing into the PrairieSky Q4 2021 Year-End Conference Call. On the call from PrairieSky are Cam Proctor, COO; Pam Kazeil, CFO; and myself, Andrew Phillips.

Before we get started, there are certain forward looking statements on my notes today, so I'd ask investors to review the forward-looking statements qualified in our press release and MD&A for Q4 and the year ended December 31, 2021. Q4 saw strong organic growth in our crude oil royalty portfolio as a result of increased drilling activity across the Western Canadian Sedimentary Basin. Volumes were up 10% from Q3, reflecting the strong

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