EarningsQ2 2026 Earnings Report
DE:7PS Q2 2026 EPS Results
Actual EPS€0.26
Consensus EPS€0.26
Beat/MissMissed by -<€0.01
One Year Ago EPS€0.15
DE:7PS Q2 2026 Revenue Results
Actual Revenue€110.94M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth+44.01%
Earnings Announcement Details
QuarterQ2 2026
Date07/13/2026
TimeAfter Close
Conference CallMonday, July 13, 2026
DE:7PS Upcoming Earnings
PrairieSky Royalty's next earnings date is estimated for October 26, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:7PS Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated multiple operational and financial positives: record production, strong realized pricing, significant funds from operations growth (+38% YoY), robust leasing and drilling activity, multi-play growth (Clearwater +27%, Mannville Stack +19%), and active capital allocation including CAD 71.1M of debt reduction and continued dividends. Headwinds were limited to weather-related delays, an outstanding net debt balance (CAD 186.6M) despite reduction, sensitivity to commodity prices and FX, and modest YoY oil volume growth (3%). Overall, the positive developments and clear path to being net cash outweigh the manageable challenges.Company Guidance
Record Total Production
Total production reached a record 27,479 BOE/d, up 4% versus Q2 2025, driven by liquids growth (oil +3%, NGLs +15%).
Sequential Oil Production Growth
Oil production increased 7% sequentially from Q1 2026 due to stronger activity levels across the basin.
Strong Performance by Key Plays
Clearwater production increased 27% versus Q2 2025 and Mannville Stack rose 19% versus Q2 2025; Duvernay activity remained strong with 51 spuds year-to-date and early West Shale Basin Duvernay wells brought on late in Q2.
Multilateral and Rig Activity Expansion
Multilateral spuds were 137 year-to-date (vs. 100 YTD last year). Active rigs in the field rose to 215 versus 170 a year ago, supporting continued development.
Improved Realized Prices and Revenue Mix
Realized liquids price averaged CAD 109.87/bbl (with US WTI $92.80), NGL pricing averaged $55.30/bbl; liquids generated 93% of production revenue; total production revenue was CAD 167.1 million for the quarter.
Material Funds From Operations Growth
Funds from operations were CAD 133.1 million (CAD 0.57/share), up 38% from Q2 2025.
Bonus Consideration and Leasing Momentum
Other revenues contributed CAD 10.9 million (including CAD 6.4 million bonus). Year-to-date bonus consideration of CAD 18.7 million is 39% ahead of YTD 2025. The company entered 57 leases this quarter with 46 distinct operators, mainly in Duvernay and Mannville.
Capital Allocation and Dividend Policy
Declared dividends of CAD 61.6 million in the quarter (payout ratio 46%) and a Q3 dividend of CAD 0.265/share. Excess cash was used for minor acquisitions (CAD 1.8 million) and significant debt reduction (CAD 71.1 million).
Reserve and Production Base Improvement Since 2019
Since 2019, shares outstanding changed from 234M to 232.4M, average oil production increased from 8,633 bbl/d to 14,740 bbl/d, and reserves grew from 46 million bbl to 64 million bbl.
Operational Upside Identified
Thermal volumes from a new Lindbergh pad began ramping in Q2 and a new south pad is drilling to support incremental growth in 2027; management expects meaningful light-oil growth through H2 2026 from expanded third-party capital programs and continued completions.
DE:7PS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed