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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Comment by CH4RTQU4NTon Jan 09, 2014 8:12pm

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Post# 22076372

RE:Catalysts for Price Movements

FRU @ $24 was expensive relative to some other pipelines, but deserving considering its a pure royalty company with much lower costs and only 7 or so employees.

Pipelines are also heavily politicized of late given the ambiguous nature surrounding Keystone XL/Northern Gateway. Probably some sector lag with some American funds modestly reducing holdings into tax loss season although other pipelines have already started rebounding.

Also, Freehold gets less attention on BNN than other pipelines like PPL, IPL, ALA etc.

Based on the YOY chart pattern, FRU tends to be a slower beast with longer periods of consolidation.

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