Freehold Royalties Ltd T.FRU

Alternate Symbol(s): FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. It manages non-government portfolios of oil and natural gas royalties in Canada with a sizeable land base in the United States. Its segments include Canada and the United States. Canada segment includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada. The United States segment 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, North Dakota and New Mexico. Its total land holdings encompass approximately 6.1 million gross acres in Canada and approximately 1.2 million gross drilling acres in the United States. The Company also have gross overriding royalty (GORR) and other interests in approximately five million acres. It has royalty interests in close to 21,000 producing wells and almost 500 units spanning five provinces and eight states.

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Freehold Royalties Ltd

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Comment by borne2runon Jan 10, 2020 12:36pm

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Post# 30539279

RE:RE:TD Action List Buy

Unfortunately, anyone who listened to condor and decided to wait for his $5.80 "good entry point" just missed out on a 20% gain within 5 weeks.

Yes, the stock is overbought and a correction is very possible from current levels.
But because energy stocks are still selling for extremley low valuations, I definitely wouldn't advise dumping 100% of an investment position - trading positions are a different kettle of fish.

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