GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Credit Losses Provision

PrairieSky Royalty (TSX:PSK) Credit Losses Provision


View and export this data going back to 2014. Start your Free Trial

What is PrairieSky Royalty Credit Losses Provision?

Credit Losses Provision only applies to banks.


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