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 ThePickleJaron Aug 10, 2022 12:32am

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Post# 34883692

RE:RE:RE:RE:Q2 earnings

Can you explain your reasoning behind these statements? Share prices seem to disagree with you as they are quite similar when compared.

Interesting to see how they perform now that they've both been able report, FRU is one of the latest to release and haven't gotten any "rub" yet.

I'll take a higher dividend to match the higher payout ratio in a royalty company any day but to each his own.

Enjoy the extra monthly penny boys, more to come.