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PrairieSky Royalty (TSX:PSK) 3-Year FCF Growth Rate : 20.70% (As of Mar. 2024)


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What is PrairieSky Royalty 3-Year FCF Growth Rate?

PrairieSky Royalty's Free Cash Flow per Share for the three months ended in Mar. 2024 was C$0.30.

During the past 12 months, PrairieSky Royalty's average Free Cash Flow per Share Growth Rate was -31.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 20.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 11 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of PrairieSky Royalty was 37.90% per year. The lowest was 1.40% per year. And the median was 21.15% per year.


Competitive Comparison of PrairieSky Royalty's 3-Year FCF Growth Rate

For the Oil & Gas E&P subindustry, PrairieSky Royalty's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PrairieSky Royalty's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrairieSky Royalty's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where PrairieSky Royalty's 3-Year FCF Growth Rate falls into.



PrairieSky Royalty 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


PrairieSky Royalty  (TSX:PSK) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


PrairieSky Royalty 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of PrairieSky Royalty's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


PrairieSky Royalty (TSX:PSK) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.
Executives
Leanne M. Bellegarde Director

PrairieSky Royalty (TSX:PSK) Headlines

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