Quarterly ResultAug 5, 2026, 04:38 PM
OR Royalties Q2 Revenue +62% to $97.8M; EPS $0.33; $335M Acquisitions
AI Summary
OR Royalties Inc. announced strong Q2 2026 financial results, with revenues growing 62% year-over-year to $97.8 million and net earnings reaching $61.4 million, or $0.33 per basic share. Operating cash flows also increased significantly by 61.9% to $83.2 million. The company closed $335.0 million in acquisitions during the quarter, including key royalty interests, and increased its quarterly dividend by 18.2% to $0.065 per share. Additionally, OR Royalties repurchased a substantial number of shares and expanded its revolving credit facility to $850.0 million.
Key Highlights
- Q2 2026 revenues grew 62% year-over-year to $97.8 million.
- Net earnings for Q2 2026 were $61.4 million, or $0.33 per basic share.
- Cash flows from operating activities increased 61.9% to $83.2 million.
- Closed $335.0 million in acquisitions during Q2, expanding the portfolio.
- Earned 20,757 gold equivalent ounces (GEOs), a 5% increase year-over-year.
- Repurchased 225,712 common shares for $8.0 million in Q2.
- Declared a quarterly dividend of $0.065 per share, an 18.2% increase.
- Increased revolving credit facility from $650.0 million to $850.0 million.
Price Impact
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