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 Feb 26, 2020 4:36pm

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Post# 30737714

RE:Got in today @ 7.18

From the December / January highs, excluding paid dividends
Parex: -26%,
Tourmaline: -26%
Freehold: -21%

No dividends for PXT or TOU. Whose capital is more at risk? Some people are investors, not short term traders. Freehold current yields a relatively safe 9.5%. When energy stocks turn around, PXT and TOU will pop more, as well as a number of others such as CPG and Exxon with its 6.5% dividend.

Right now, the only contest is choosing the ugliest oil and gas producer. No one is vying for the title of prom queen.

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