PrairieSky Royalty Ltd. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was CAD 135.6 million compared to CAD 117.4 million a year ago. Net income was CAD 60.3 million compared to CAD 48 million a year ago. Basic earnings per share from continuing operations was CAD 0.25 compared to CAD 0.2 a year ago. Diluted earnings per share from continuing operations was CAD 0.25 compared to CAD 0.2 a year ago.
For the six months, revenue was CAD 256.3 million compared to CAD 243.5 million a year ago. Net income was CAD 107.8 million compared to CAD 104.8 million a year ago. Basic earnings per share from continuing operations was CAD 0.45 compared to CAD 0.44 a year ago. Diluted earnings per share from continuing operations was CAD 0.45 compared to CAD 0.44 a year ago.