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 1.1 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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Comment by dogatcaton Jul 08, 2021 10:43am

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Post# 33511771

RE:RE:RE:RE:Alex Ruus

I could smell a sell off coming a mile away in the oil markets.

I was buyiing with both fists during covid in the $3s. But I still love this stock in the single digits. I see $14 a share as easily doable in 6 months. That is when I would lighten the load.

No producer risk, they get paid no matter what, they have zero debt, and they throw off cash like OJ use to throw off opponents! Oh yeah, and they pay a decent dividend.

Not much to dislike here.

I can see why Alex likes this stock, alot.

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