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.

TSX:FRU - Post by User

Freehold Royalties Ltd > Q2 earnings

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Comment by JayBankson Jul 29, 2022 10:14pm

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Post# 34861730

RE:Q2 earnings

I myself am expecting anouther 2 cents per month bringing us to 10 cents.

I'm pretty sure I remeber we were light on payout ratio guidance when we moved to 8 cents (as in they had room to go higher with the increase then) and the price of oil I believe is up a bit in the time frame, also a few transactions have happened adding to our income pool also...

I won't be disappointed if they stay flat or only increase half a cent or a penny, but my prediction is a little more.

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