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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

Comment by downwithdotcom1on Jul 07, 2022 1:51pm
167 Views
Post# 34808993

RE:RE:RE:RE:Unbelievable Opportunity

RE:RE:RE:RE:Unbelievable Opportunityinteresting that FRU pounces NOW but as per other postings, its mildly accreative-still sticking with my dark horse PSK..it hit $20+ only to be hammered down to $15ish before bouncing back above $16 ish today... more importantly, PSK will be 1st out of the gate july 18th to set the tone for Q2 earnings in the O&G sector. FRU continues to have most of the analyst love as compared to PSK (largely due to a much larger debt obligation,  i think) BUT PSK made 3 monster aquisitions near the bottom of the cycle giving it a 92% oil weighting (ie more than a year ago) and it had higher organic growth last quarter but i digress...all in all, 2 great companies-completely UNHEDGED so it should be a fantastic Q2..cheers, dwdc

PS..a dividend increase from either or???
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