Source Rock Royalties (TSXV:SRR) 3-Year Share Buyback Ratio : -1.50% (As of Sep. 2024)

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What is Source Rock Royalties 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Source Rock Royalties's current 3-Year Share Buyback Ratio was -1.50%.

The historical rank and industry rank for Source Rock Royalties's 3-Year Share Buyback Ratio or its related term are showing as below:

TSXV:SRR' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.5 Med: -1.5 Max: -1.5
Current: -1.5

During the past 4 years, Source Rock Royalties's highest 3-Year Share Buyback Ratio was -1.50%. The lowest was -1.50%. And the median was -1.50%.

TSXV:SRR's 3-Year Share Buyback Ratio is ranked better than
61.51% of 691 companies
in the Oil & Gas industry
Industry Median: -3.8 vs TSXV:SRR: -1.50

Competitive Comparison of Source Rock Royalties's 3-Year Share Buyback Ratio

For the Oil & Gas Midstream subindustry, Source Rock Royalties's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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.

Source Rock Royalties's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's 3-Year Share Buyback Ratio falls into.

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Source Rock Royalties 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Source Rock Royalties (TSXV:SRR) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Source Rock Royalties 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Source Rock Royalties's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Source Rock Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Rock Royalties Ltd (TSXV:SRR) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9

Website

https://www.sourcerockroyalties.com

Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.

Executives

Bradley Robert Docherty	Director, Senior Officer
Shaun Ashton Thiessen	Director
June-marie Lane Fitzmartyn-innes	Director
Cheryne Lowe	Senior Officer

Source Rock Royalties Headlines

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