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.

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Freehold Royalties Ltd > FRU in Red

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Comment by 1condoron Nov 22, 2021 4:53pm

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Post# 34154549

RE:FRU in Red

Bigpond..oil and gas stock got ahead of themselves over the past few months...a strong pullback was long overdue...and most are seeing the froth coming off with a 20 to 30+ percent pullback very likely. FRU has always been a conservative play on the sector but divvy is attractive. A pull back to the 9's is likely especially as more supply comes on going into 2022.

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