Source Rock Royalties Ltd.

TSXV:SRR Stock Report

Market Cap: CA$38.3m

Source Rock Royalties Past Earnings Performance

Past criteria checks 2/6

Source Rock Royalties has been growing earnings at an average annual rate of 40.3%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 22.7% per year. Source Rock Royalties's return on equity is 5.3%, and it has net margins of 18.2%.

Key information

40.3%

Earnings growth rate

39.5%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate22.7%
Return on equity5.3%
Net Margin18.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Apr 26
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Recent updates

Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0065

Jun 20
Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0065

Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Apr 26
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders

Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Apr 25
Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065

Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006

Mar 18
Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006

Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055

Sep 19
Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055

Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital

Aug 16
Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital

We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative

Sep 06
We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative

Revenue & Expenses Breakdown

How Source Rock Royalties makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:SRR Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248120
30 Jun 248220
31 Mar 247220
31 Dec 237220
30 Sep 236220
30 Jun 236220
31 Mar 236210
31 Dec 226310
30 Sep 226310
30 Jun 226210
31 Mar 225110
31 Dec 214010
30 Sep 213-310
31 Dec 201-310
31 Dec 193010

Quality Earnings: SRR has high quality earnings.

Growing Profit Margin: SRR's current net profit margins (18.2%) are lower than last year (27.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SRR's earnings have grown significantly by 40.3% per year over the past 5 years.

Accelerating Growth: SRR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SRR had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-20.2%).


Return on Equity

High ROE: SRR's Return on Equity (5.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Source Rock Royalties Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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