Want to see TSE:SRR full AI Analyst Report?
Source Rock Royalties Ltd. (SRR) AI Stock Analysis
Source Rock Royalties Ltd.
(TSXV:SRR)
The score reflects strong underlying fundamentals, including high margins, a debt-free balance sheet, and robust cash generation, offset by the company’s small scale and historical revenue and cash flow volatility. Supportive technicals and a high dividend yield at a moderate P/E further reinforce an attractive but not low-risk profile.
Source Rock Royalties Ltd. (SRR) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 50.60M
- Dividend Yield
- 7.03%
- Average Volume (3M)
- 44.16K
- Price to Earnings (P/E)
- 25.4
- Beta (1Y)
- 0.10
- Revenue Growth
- -11.22%
- EPS Growth
- 51.92%
- Country
- Canada
- Employees
- 6
- Sector
- General
- Sector Strength
- 55
- Industry
- Oil & Gas Midstream
Source Rock Royalties Ltd. Business Overview & Revenue Model
Company Description
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,...
Source Rock Royalties Ltd. Financial Statement Overview
Summary
High profitability, conservative no-debt balance sheet, and strong operating cash flow support a solid financial profile, while small scale and revenue/free cash flow volatility temper the score.
Income Statement
82Very PositiveBalance Sheet
85Very PositiveCash Flow
78Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.27M | 6.03M | 7.69M | 6.65M | 6.49M | 4.26M |
| Gross Profit | 3.54M | 3.07M | 3.75M | 3.46M | 4.31M | 2.03M |
| EBITDA | 5.12M | 4.61M | 6.11M | 5.02M | 5.34M | 2.10M |
| Net Income | 1.99M | 1.32M | 1.50M | 1.57M | 2.56M | 176.54K |
Balance Sheet | ||||||
| Total Assets | 23.53M | 23.95M | 26.59M | 27.26M | 28.82M | 15.36M |
| Cash, Cash Equivalents and Short-Term Investments | 4.09M | 4.15M | 4.64M | 1.46M | 13.15M | 1.49M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 491.02K | 531.09K | 865.12K | 401.50K | 1.38M | 795.93K |
| Stockholders Equity | 23.04M | 23.42M | 25.72M | 26.86M | 27.44M | 14.56M |
Cash Flow | ||||||
| Free Cash Flow | 4.09M | 4.59M | 6.62M | -8.36M | 1.70M | 2.21M |
| Operating Cash Flow | 4.51M | 4.62M | 6.65M | 4.91M | 5.32M | 3.41M |
| Investing Cash Flow | -1.31M | -830.89K | -27.10K | -13.28M | -3.62M | -1.19M |
| Financing Cash Flow | -4.27M | -4.27M | -3.45M | -3.33M | 9.96M | -1.63M |
Source Rock Royalties Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SRR, the sentiment is Positive. The current price of 1.11 is above the 20-day moving average (MA) of 1.11, above the 50-day MA of 1.08, and above the 200-day MA of 0.97, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 51.82 is Neutral, neither overbought nor oversold. The STOCH value of 19.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SRR.
Source Rock Royalties Ltd. Peers Comparison
Overall Rating
TSE:PSK84Outperform- TSE:SRR82Outperform
TSE:FRU75Outperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:PSK | 84Outperform | CAD 8.43B | 28.88 | 10.96% | 3.04% | 17.21% | 29.29% |
| TSE:SRR | 82Outperform | CAD 51.05M | 25.40 | 8.53% | 7.03% | -11.22% | 51.92% |
| TSE:FRU | 75Outperform | CAD 2.80B | 19.22 | 13.88% | 6.57% | 0.67% | 11.91% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SRR | Source Rock Royalties Ltd. | 1.11 | 0.30 | 36.53% | |
| TSE:FRU | Freehold Royalties Ltd. | 16.45 | 3.15 | 23.73% | |
| TSE:PSK | Prairiesky Royalty Ltd. | 34.65 | 9.77 | 39.29% |
Source Rock Royalties Ltd. Corporate Events
Source Rock Royalties Declares Monthly Dividend, Reinforces Yield-Focused Strategy
PositiveSource Rock Royalties Ltd., a Canadian oil and gas royalty specialist, manages an oil-focused portfolio of royalties and mineral leases across key producing regions in Saskatchewan and Alberta. Its business model targets a blend of growth and income,...
Source Rock Royalties Expands Alberta Heavy Oil Footprint With $4 Million GORR Deal
PositiveSource Rock Royalties has acquired a 0.75% gross overriding royalty in roughly 126,000 acres of largely contiguous heavy oil sands leases in Alberta for $4 million, funded entirely from cash on hand. The transaction increases the company’s tota...
Source Rock Royalties Declares Monthly Dividend to Support Growth-and-Yield Strategy
PositiveSource Rock Royalties Ltd., a Calgary-based pure-play oil and gas royalty company, manages an oil-focused portfolio of royalties across Saskatchewan and Alberta, along with oil sands and petroleum and natural gas leases. The business targets a blend...
Source Rock Royalties Posts Record Q2 Revenue and Expands Western Canadian Royalty Footprint
PositiveSource Rock Royalties reported record quarterly royalty revenue of $2.13 million in the second quarter of 2026, up 40% year over year, despite a 7% decline in royalty production to 220 boe/d. Strong pricing lifted operating and corporate netbacks to...
Source Rock Royalties Declares Monthly Dividend to Support Growth-and-Yield Strategy
PositiveSource Rock Royalties Ltd., a Calgary-based pure-play oil and gas royalty company, operates an oil-focused portfolio of royalty interests across key producing regions in Saskatchewan and Alberta. The firm targets a blend of growth and income by reinv...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026