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What smart money is saying about PrairieSky RoyaltyCanada flag

PSK.TO · Energy · Oil & Gas Exploration & Production · Market cap $5.40B

2 funds in our archive have pitched PrairieSky Royalty — most recently Black Bear Value Fund in March 2026.

Company profile

PrairieSky Royalty Ltd., a Canadian company, holds royalty stakes in crude oil and natural gas assets across the provinces of Alberta, Saskatchewan, British Columbia, and Manitoba. Its extensive portfolio comprises an estimated 9.8 million acres featuring petroleum and/or natural gas rights. Additionally, the company possesses approximately 8.5 million acres of gross overriding royalty interests and roughly 0.3 million acres of Gross Royalty Trust (GRT) interests, alongside other miscellaneous land parcels. The firm was established in 2013 and maintains its principal office in Calgary, Canada.

Fund coverage · 2 theses

  • Black Bear Value Fund
    March 2026

    PrairieSky Royalty is a capital-light royalty business with high-margin cash flows, strong management, and long-term energy scarcity upside.

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  • Black Bear Value Partners
    December 2025

    PrairieSky Royalty Ltd. is an asset-light Canadian oil and gas royalty business with high-margin, long-duration cash flows, strong capital allocation, and an attractive yield.

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