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

Freehold Royalties Ltd

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Post by retiredcfon Oct 13, 2023 7:02am

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Post# 35681743

Analyst Recommendation

He used to be exclusively in mining but earlier this year, he stepped into the energy sector with the likes of ARX, WCP and FRU. GLTA

HOLD

Freehold Royalties Ltd(FRU-T)

12/10/2023

FRU vs. PSK

FRU is such a low-cost producer, it hasn't benefited as much as marginal producers have in the uptick in oil/gas prices. So it's margins haven't increased as much. FRU's asset package is so good, he's happy to own it despite this year's price action. He likes both names.

Financial Services

Rick Rule

$14.290

Owned

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