00:40:07 EDT Sat 10 Jun 2023
Enter Symbol
or Name

PrairieSky Royalty Ltd
Symbol PSK
Shares Issued 238,803,323
Close 2022-07-29 C$ 18.79
Recent Sedar Documents

Globe says PrairieSky CEO buys after shares jump

2022-08-02 08:11 ET - In the News

The Globe and Mail reports in its Saturday, July 30, edition that PrairieSky Royalty posted second quarter average royalty production of 25,992 barrels of oil equivalent a day, up from 19,723 boe/d in Q2 2021. The Globe's regular special columnist Ted Dixon writes in the Who Is Buying and Selling column that net earnings were 46 cents per share versus 12 cents a year earlier. Mr. Dixon says it caught his attention that chief executive officer Andrew Phillips bought after the stock rallied following the second quarter news. Generally, it can be a positive sign to see insider buying after a stock moves higher following company news, notes Mr. Dixon. From May 5 to July 20, Mr. Phillips has bought 17,400 shares at an average price of $18.06. The Globe reported on March 24 that RBC saw PrairieSky making gains. It was then worth $17.47. The Globe reported on June 9 that Scotia Capital rated PrairieSky "sector perform." The shares could then be had for $19.55. The Globe reported on July 20 that CIBC World Markets analyst Jamie Kubik has kept his "outperformer" call for PrairieSky intact. The shares could then be had for $18.27. The Globe reported on July 21 that iA Capital rated PrairieSky "buy." It was then worth $18.18.

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