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PrairieSky Royalty (PrairieSky Royalty) Market Cap : $4,719.1 Mil (As of Apr. 27, 2024)


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What is PrairieSky Royalty Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PrairieSky Royalty's share price for the quarter that ended in Mar. 2024 was $19.7699. PrairieSky Royalty's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 239.0 Mil. Therefore, PrairieSky Royalty's market cap for the quarter that ended in Mar. 2024 was $4,725.0 Mil.

PrairieSky Royalty's quarterly market cap declined from Sep. 2023 ($4,393.7 Mil) to Dec. 2023 ($4,225.3 Mil) but then increased from Dec. 2023 ($4,225.3 Mil) to Mar. 2024 ($4,725.0 Mil).

PrairieSky Royalty's annual market cap increased from Dec. 2021 ($2,560.4 Mil) to Dec. 2022 ($3,808.4 Mil) and increased from Dec. 2022 ($3,808.4 Mil) to Dec. 2023 ($4,225.3 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PrairieSky Royalty's Enterprise Value for Today is $4,809.0 Mil.


PrairieSky Royalty Market Cap Historical Data

The historical data trend for PrairieSky Royalty's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PrairieSky Royalty Market Cap Chart

PrairieSky Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,771.56 1,784.46 2,560.41 3,808.40 4,225.28

PrairieSky Royalty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,788.55 4,176.26 4,393.66 4,225.28 4,725.01

Competitive Comparison of PrairieSky Royalty's Market Cap

For the Oil & Gas E&P subindustry, PrairieSky Royalty's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrairieSky Royalty's Market Cap distribution charts can be found below:

* The bar in red indicates where PrairieSky Royalty's Market Cap falls into.



PrairieSky Royalty Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

PrairieSky Royalty's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$17.679*239
=$4,225.3

PrairieSky Royalty's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$19.7699*239
=$4,725.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PrairieSky Royalty  (OTCPK:PREKF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


PrairieSky Royalty Market Cap Related Terms

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PrairieSky Royalty (PrairieSky Royalty) 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.

PrairieSky Royalty (PrairieSky Royalty) Headlines

From GuruFocus

PrairieSky Royalty Announces Conference Call For 2020 Annual Results

By GlobeNewswire GlobeNewswire 01-11-2021

PrairieSky to Host Investor Day

By GlobeNewswire GlobeNewswire 05-09-2023

CORRECTION � PrairieSky Royalty Declares Quarterly Dividend

By GlobeNewswire GlobeNewswire 03-09-2021

PrairieSky Royalty Announces Conference Call for Q2 2020 Results

By GlobeNewswire GlobeNewswire 07-07-2020