Bullboard - Stock Discussion Forum 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... see more

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Freehold Royalties Ltd > More Optimism

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Post by retiredcf on Jul 22, 2021 9:00am

More Optimism

Oil demand is growing and peak is years away: Prestige Economics president

Jason Schenker, president of Prestige Economics, breaks down the latest U.S. oil inventory data. He said demand data is strong with U.S. TSA traveler throughput rising, cruises for July 2021 sold out early this month and more people set to hit the road. He also said crude oil demand is likely to significantly rise in 2022.

https://www.bnnbloomberg.ca/video/oil-demand-is-growing-and-peak-is-years-away-prestige-economics-president~2245830

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Comment by Franman184 on Jul 22, 2021 10:16am

Just my opion but I would expect a good 2nd quater report when annouced in early August. Possible bump as well in the dividend as cash flow should be good and payout ration could drop below threshold of minium payout.

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