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.

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Freehold Royalties Ltd > Analyst Recommendation

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Comment by DeanEdmontonon Oct 02, 2023 11:31am

149 Views

Post# 35665018

RE:Analyst Recommendation

Retired - I have an outsize position in FRU that has an average cost below $6. For a very long time it was on Nuttal's don't buy list, better opportunities elsewhere. It actually worries me that Nuttal now owns it and likes it. I find it interesting that he never bought in till it got over $14..

retiredcf wrote: Dean - I guess you haven't been following the price of oil recently. GLTA

BUY

Freehold Royalties Ltd(FRU-T)

29/09/2023

Excellent company with safe dividend.

Conservative balance sheet with strong management team.

~7% dividend yield.

Owns shares in company.

Expecting share upside.

Trading at discount to PrairieSky Royalty.

Company needs to prove that they can acquire assets.

Financial Services

Eric Nuttall
$14.80

Owned