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Freehold Royalties Ltd T.FRU

Alternate Symbol(s):  FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. The Company manages non-government portfolios of oil and natural gas royalties in Canada with an expanding land base in the United States. Its primary focus is to acquire and actively manage royalties, while providing a lower risk income vehicle for its shareholders. Its total land holdings encompass approximately 6.2 million gross acres in Canada. It has royalty interests in more than 19,000 producing wells and almost 400 units spanning five provinces and eight states and receives royalty income from over 360 industry operators throughout North America. It has two geographical segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada, and US includes petroleum and natural gas interests primarily held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins largely located in the states of Texas, Louisiana, and North Dakota.


TSX:FRU - Post by User

Post by Franman184on Nov 19, 2021 7:20am
204 Views
Post# 34144499

RE:Freehold weakness today !

RE:Freehold weakness today !Politics will get in the way short term as they try to reduce the cost of gasoline in the USA. Got to keep the voters happy. This will backfire if all countries agree to release stratigic reserves and next years oil prices will be even higher. Let the market price dictate bringing on new supply. That price would be in $100 plus range for oil.
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