Pure Inflation, Geopolitical, Safe Energy Play
Freehold should be a $20+ stock in current environment:
- 100% exposure to higher oil and natural gas prices +
- Exposure to growth of oil production due investment of producers in response to higher prices. +
- 0% geopolitical risk as all underlying produciton in North America. +
- Almost no increased costs due to inflation since just get royaltes straight off top line. +
- Very low counterparty risk as royalties diversified among many payors.