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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 malx1on Oct 05, 2023 5:21pm
103 Views
Post# 35672029

RE:RE:RE:RE:RE:RE:RE:Analyst Recommendation

RE:RE:RE:RE:RE:RE:RE:Analyst Recommendation
dogatcat wrote: And Eric's current thesis on energy stocks is 100% factual.  

They don't need sentiment to change.   They are going to have enough FCF to buy back their own stock and increase share prices without any additional investment required.   They can shove their ESG up their bums because stocks like Freehold, Whitecap, Baytex, Athabasca, and MEG, will just buy back gobs of stock and the price per share will follow upwards.  

Eric is saying $100 oil is coming but it is really unecessary for these stocks to buy back their production.   If the market stays over $75 WTI, these companies are awash in cash.   

It all makes pefect sense and this looks like it is playing out just as Eric predicted.   








Only major worry left is Lib Govt imposing "windfall" profit tax.

FRU and other royalty co's may be immune from the political risk.
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