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Source Rock Royalties Ltd

Company price
1.11 CAD -0.01 ( 0.89%)
Last update at 2026-11-04T18:32:00Z
VOLUME
29196
Market Cap
44.67M
P/E
32.67

Momentum Score

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Source Rock Royalties Ltd., an oil and gas royalty company, engages in acquiring and managing oil and gas royalties and mineral title interests. It has an oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan. The company was incorporated in 2012 and is headquartered in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.09
Low
1.12
High
52 Week Price Range
0.75
Low
1.03
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Source Rock Royalties Ltd is a Canadian-listed company that acquires and manages oil and gas royalty and mineral interests, providing revenue tied to production rather than operating assets. Long-term growth may be supported by higher commodity prices and selective royalty acquisitions that add volumes and geographic diversification, making the company attractive for investors seeking lower-capital exposure to hydrocarbons.

Key risks are commodity price volatility, natural production decline of underlying reserves, and execution and liquidity risks typical of a small-cap royalty acquirer.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.12
Dividend Yield
-
Revenue TTM
6.03M
Revenue Per Share
0.13
Gross Profit TTM
6.03M
Debt / Equity
-
ROE
5.38%
Net Debt
-
ROCE
7.05%
Diluted EPS TTM
0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1.78M 2.17M 2.27M 3.44M -0.13M
Net income 1.32M 1.50M 1.57M 2.56M 0.18M
Selling general administrative 1.42M 1.71M 1.63M 1.15M 0.79M
Gross profit 3.07M 3.75M 3.46M 4.31M 2.03M
Reconciled depreciation 2.96M 3.94M 3.18M 2.18M 2.24M
Ebit - - - 3.16M -0.13M
Ebitda - - - 5.34M 3.47M
Operating income 1.65M 2.04M 1.84M 3.16M 1.24M
Tax provision 0.46M 0.68M 0.70M 0.88M -0.31M
Interest income 0.13M 0.14M 0.43M 0.29M 0.00M
Net interest income 0.13M 0.14M 0.43M 0.29M 0.00M
Income tax expense - - - 0.88M -0.31M
Total revenue 6.03M 7.69M 6.65M 6.49M 4.26M
Total operating expenses 4.38M 5.65M 4.81M 3.33M 3.03M
Cost of revenue 2.96M 3.94M 3.18M 2.18M 2.24M
Total other income expense net - - - - -1.37M
Net income from continuing ops 1.32M 1.50M 1.57M 2.56M 0.18M
Net income applicable to common shares - - - 2.56M 0.18M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 23.95M 26.59M 27.26M 28.82M 15.36M
Other current assets - - - - 0.16M
Total liab 0.53M 0.87M 0.40M 1.38M 0.80M
Total stockholder equity 23.42M 25.72M 26.86M 27.44M 14.56M
Other current liab - - - 1.35M 0.53M
Common stock - - - 26.29M 13.98M
Capital stock 26.76M 26.76M 26.48M 26.29M 13.98M
Retained earnings -20.90M -18.67M -16.69M -15.29M -15.15M
Other liab - - - - 0.15M
Other assets - - - 0.22M -
Cash 4.15M 4.64M 1.46M 13.15M 1.49M
Total current liabilities 0.53M 0.87M 0.40M 1.38M 0.65M
Other stockholder equity - - - 0.31M -
Property plant equipment - - - 14.06M 12.62M
Total current assets 5.14M 5.73M 2.77M 14.29M 2.48M
Net tangible assets - - - 27.19M 14.31M
Net receivables 0.96M 1.04M 1.26M 1.09M 0.82M
Accounts payable 0.06M 0.04M 0.11M 0.02M 0.03M
Non current assets total 18.82M 20.86M 24.49M 14.53M 12.87M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.03M -13.28M -3.62M -1.19M
Change to liabilities - - - -0.10M 0.05M
Total cashflows from investing activities - - - -3.62M -1.19M
Total cash from financing activities -4.27M -3.45M -3.33M 9.96M -1.63M
Change to operating activities - - - -0.04M 0.02M
Net income 1.32M 1.50M 1.57M 2.56M 0.18M
Change in cash -0.49M 3.17M -11.69M 11.66M 0.58M
Begin period cash flow 4.64M 1.46M 13.15M 1.49M 0.91M
End period cash flow 4.15M 4.64M 1.46M 13.15M 1.49M
Total cash from operating activities 4.62M 6.65M 4.91M 5.32M 3.41M
Issuance of capital stock - - 0.00M 13.49M -
Depreciation - - - 2.18M 3.62M
Dividends paid -3.56M -3.45M -3.37M 2.02M 1.47M
Change to account receivables - - - -0.27M -0.45M
Sale purchase of stock - - 0.00M -0.44M -
Other cashflows from financing activities - - - -1.07M -0.16M
Change to netincome - - - 0.39M -0.09M
Capital expenditures 0.83M 0.03M 13.28M 3.62M 1.19M
Change in working capital -0.23M 0.65M -0.74M 0.19M -0.30M
Stock based compensation 0.65M 0.84M 0.78M 0.40M 0.31M
Free cash flow 3.79M 6.62M -8.36M 1.70M 2.21M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Midstream

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SRR
Source Rock Royalties Ltd
-0.01
0.89%
1.11 32.67 - 7.41 1.89 6.64 8.68
ATLE
Atlas Energy Corp.
-
-%
0.09 - 69.44 12.30 3.81 21.72 -332.50

Profile*

Source Rock Royalties Ltd

Source Rock Royalties Ltd., an oil and gas royalty company, engages in acquiring and managing oil and gas royalties and mineral title interests. It has an oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan. The company was incorporated in 2012 and is headquartered in Calgary, Canada.

421 - 7th Ave S.W., Calgary, AB, Canada, T2P 4K9

403 472 5767

Name Title Year Born
Mr. Bradley Rober Docherty Founder, Chairman, CEO & Pres 1981
Ms. Cheryne A. Lowe C.A., CPA Chief Financial Officer NA
Mr. Lucas Tomei LL.B., B.Sc Corp. Sec. NA
Mr. Bradley Rober Docherty B.A., L.L.B. Founder, Chairman, CEO & President 1981

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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