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 > Alex Ruus

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Post by retiredcfon Jul 02, 2021 8:06am

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Post# 33481033

Alex Ruus

Is back on Market Call today after more than a year which means that he will be dealing with FRU as a past pick. It he was looking for a $10 - $12 SP with oil at $50/bbl, it will be interesting to hear his potential targets with oil at $75/bbl. GLTA

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Freehold Royalties

(FRU-T)

March 3, 2020

An example of understanding the value of the company. They have zero cost of production, so if oil goes to $10, they still make money. Free cashflow machine. Payout ratio is under 100% all the way down to the high 30s. Expects a $10-12 stock with oil above $50 a year from now. Yield is 10.48%. (Analysts’ price target is $10.46)

OIL/GAS

Alex Ruus

Price

$6.160

Owned

Yes

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Canadian government to fund Electric Royalties portfolio property