PrairieSky & Freehold Royalties

Investors have been very enthusiastic about PrairieSky and other energy royalties lately.  After its IPO, PriarieSky has rallied to a high multiple.  But investors should be cautious and should not expect much organic (top line) growth, unless the price for oil & gas climbs significantly.  PrairieSky probably has some extra room to grow since its balance sheet carries almost no debt.

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