Source Rock Hits Record Royalty Production and Revenue

Source Rock Royalties Ltd. (TSE:SRR) has released an update.

Source Rock Royalties Ltd. reported its highest annual royalty production and revenue figures in the company’s 11-year history, with significant growth driven by strategic acquisitions and consistent drilling activities. The company’s effective management kept corporate costs stable despite these expansions, allowing them to raise their dividend by 10% and switch to a monthly payout. The strong performance reflects both an increase in production from newly acquired assets and a solid increase in royalty lands.

For further insights into TSE:SRR stock, check out TipRanks’ Stock Analysis page.