Buy, Sell or Hold: PrairieSky Royalty (PSK-T) — Stock Predictions at Stockchase

Home Daily Stock Opinions and Ratings PrairieSky Royalty (PSK-T)

TSE:PSK

28.11

0.38 (1.37%) 1d

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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Based on the reviews from different experts, it is evident that PrairieSky Royalty (PSK-T) has shown significant progress and investment gain. There is a consensus that PSK is trading at a high premium compared to similar stocks. Despite this, experts like both PSK and FRU for their respective strengths and asset packages. Overall, PSK has performed well, but there are concerns about its high premium and the impact of oil/gas price upticks on margins.

Consensus

Mixed

Valuation

Overvalued

Similar

FRU,PSK

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Sep 20/23, Up 23.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with PSK has triggered its stop at $23. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 27%, when combined with our previous recommendations.

DON'T BUY

Trades at a massive and unjustified premium of 14x. He holds FRU instead, trading at 8.5x.

HOLD

FRU vs. PSK

FRU is such a low-cost producer, it hasn't benefited as much as marginal producers have in the uptick in oil/gas prices. So its margins haven't increased as much. FRU asset package is so good, he's happy to own it despite this year's price action. He likes both names.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Sep 20/22, Up 46.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with PSK is progressing well. To remain disciplined, we recommend trailing up the stop (from $20) to $23 at this time.

HOLD

Always trading at premium since IPO. Doesn't have same reverence as other royalty names in the market. Sees 50% upside and not as much as other energy companies. Better names out there.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Sep 20/22, Up 20.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PSK has achieved its $22.50 target. To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $20. If triggered, this would result in a net investment gain of 15%, when combined with this recommendation to cover half.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Sep 20/22, Up 18.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PSK is progressing well. To remain disciplined, we recommend trailing up the stop to $20 at this time.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate PSK, a oil and gas royalty, generating strong cash flow, as a TOP PICK. The company avoids the capital investment treadmill of a traditional oil and gas producer, yet it has tripled its acreage exposure over the past eight years and has used its free cash flow to rapidly pay down debt. Even at $50 WTI prices, the company will produce sufficient free cash flow to allow it to expand its portfolio further. We recommend trailing up the stop loss (from $14.50) to $15.75, looking to achieve $22.50 -- upside potential over 19%. Yield 2.54% (Analysts’ price target is $22.21)

BUY

Has it peaked? The answer is how you feel on the oil price? They don't have exposure to costs, they just collect the royalty stream. Safer way to play the energy markets, as you just sit and collect the yield, but you don't get quite the same leverage.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly As a royalty, the company avoids the capital investment treadmill of a traditional oil and gas producer. Yet it has tripled its acreage exposure over the past eight years and has used its free cash flow to rapidly pay down debt. Even at $50 WTI prices, the company will produce sufficient free cash flow to allow it to expand its portfolio further. We recommend setting a stop loss at $14.50, looking to achieve $22.50 -- upside potential over 27%. Yield 2.68% (Analysts’ price target is $22.21)

HOLD

Sell? Commodities are a trade. But PSK is a royalty, so it's even safer than the other energy companies. When the price is high, trim; when the price goes away, add some back. The price of oil should stay up for a while and it'll be a good investment.

DON'T BUY

Believes company was over valued at IPO. Good management team that has been buying back stock and paying down debt. Thinks there are other Canadian energy stocks to hold. Not undervalued enough to justify investment.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A solid company for the sector. Balance sheet and cash flow looks good. Growth is positive and they managed the pandemic well. They cut dividends but it is now much higher than before. Their recent deal is good and is the right move for the company. Unlock Premium - Try 5i Free

WEAK BUY

Great long-term land position, tilted toward natural gas which should benefit them in coming quarters. Performance was especially poor in the downdraft, as it had been a darling. Cut dividend. He owns FRU instead, a bit smaller and has returned their dividend, and they have catalysts with acquisitions south of the border. Both names will do well, but he prefers FRU.

BUY ON WEAKNESS

Likes royalty because there is less business risk. However, it is not risk free. Probably a good buy on dips. The reflation trade is interesting. For the next 6-12 months, it is okay for a trade.

Showing 1 to 15 of 58 entries

PrairieSky Royalty(PSK-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for PrairieSky Royalty is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

PrairieSky Royalty(PSK-T) Frequently Asked Questions

What is PrairieSky Royalty stock symbol?

PrairieSky Royalty is a Canadian stock, trading under the symbol PSK-T on the Toronto Stock Exchange (PSK-CT). It is usually referred to as TSX:PSK or PSK-T

Is PrairieSky Royalty a buy or a sell?

In the last year, 3 stock analysts published opinions about PSK-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for PrairieSky Royalty.

Is PrairieSky Royalty a good investment or a top pick?

PrairieSky Royalty was recommended as a Top Pick by on . Read the latest stock experts ratings for PrairieSky Royalty.

Why is PrairieSky Royalty stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is PrairieSky Royalty worth watching?

3 stock analysts on Stockchase covered PrairieSky Royalty In the last year. It is a trending stock that is worth watching.

What is PrairieSky Royalty stock price?

On 2024-10-29, PrairieSky Royalty (PSK-T) stock closed at a price of $28.11.

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PrairieSky Royalty (PSK-T)

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PrairieSky Royalty(PSK-T)

This is a Panic-proof Portfolio opinion which is available only for Premium members

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

This is a Panic-proof Portfolio opinion which is available only for Premium members

PrairieSky Royalty(PSK-T)

This is a Panic-proof Portfolio opinion which is available only for Premium members

PrairieSky Royalty(PSK-T)

This is a Panic-proof Portfolio opinion which is available only for Premium members

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

This is a Panic-proof Portfolio opinion which is available only for Premium members

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T)

PrairieSky Royalty(PSK-T) Rating

PrairieSky Royalty(PSK-T) Frequently Asked Questions

What is PrairieSky Royalty stock symbol?

Is PrairieSky Royalty a buy or a sell?

Is PrairieSky Royalty a good investment or a top pick?

Why is PrairieSky Royalty stock dropping?

Is PrairieSky Royalty worth watching?

What is PrairieSky Royalty stock price?

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