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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 Jun 24, 2022 8:02am
222 Views
Post# 34779592

Smokescreen the last two weeks

Smokescreen the last two weeksJust my opion - The world is using more oil then can be supplied. The Russians are selling just as much oil if not more then before the Ukraine war. They are making more money than before the start of the war with a 20 to 30 percent discount to world prices. Gasiline in the USA is selling at the equivalant of $170 crude oil because of a lack of north american refining. China has only started to ramp up thier economy again. Canadian oil and gas companies are making a boat load of cash and if thier smart they are paying down debt and retiring shares. Long Canadian oil  !!
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