1.07
-1.83%
Close of 9 Nov 2026, in CAD
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About Source Rock Royalties
Its shares trade on TSX Venture under the ticker SRR.V. It has been listed since 2 March 2022. In the fiscal year to 31 December 2025, it reported revenue of C$6.0m and net income of C$1.3m. At that date it held total assets of C$24.0m and shareholders' equity of C$23.4m.
Source Rock Royalties Ltd. engages in acquisition of oil and gas properties. The company is headquartered in Calgary, Alberta. The company went IPO on 2022-03-02. The primary business of the Company is to receive royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. The firm has a light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta and west-central Saskatchewan. The firm is focused on acquiring royalties in properties that have foreseeable future drilling potential and which are operated by third parties. The firm owns gross overriding royalty (the GORR) in approximately three light oil properties in Central Alberta (the GORR Lands).
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 2 Mar 2022
- Website
- sourcerockroyalties.com ↗
Leadership
Pay as last reported
- Mr. Brad DochertyChairman of the Board, President, Chief Executive Officer, since 2012C$364,000
- Ms. Cheryne LoweChief Financial OfficerC$105,200
- Mr. John BellIndependent Director
- Ms. June Marie InnesIndependent Director
- Mr. Jordan KevolIndependent Director
- Mr. Gary McmurrenIndependent Director
- Mr. Dean PotterIndependent Director
- Mr. Scott RideoutIndependent Director
- Mr. Shaun ThiessenIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Calgary, Alberta, with a focus on light oil royalty interests.
- Operates a portfolio of royalty interests in southeast Saskatchewan and Alberta regions.
- Acquires royalties in properties with foreseeable future drilling potential operated by third parties.
Weaknesses
- Relies on third-party operators for production activities.
- Portfolio concentrated in specific geographic regions of Canada.
- Dependent on oil and gas reserves being produced over the economic life of properties.
Opportunities
- Expansion into new regions with oil and gas drilling potential.
- Acquisition of additional royalty interests in properties with future drilling potential.
- Growth in royalty revenue as oil and gas reserves are produced.
Threats
- Volatility in oil and gas prices affecting royalty revenue.
- Regulatory changes impacting oil and gas operations in Canada.
- Competition for acquiring new royalty interests in the energy sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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