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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

Comment by downwithdotcom1on Aug 11, 2022 10:44am
148 Views
Post# 34888197

RE:RE:RE:RE:RE:Q2 earnings

RE:RE:RE:RE:RE:Q2 earnings back of napkin conclusions - FRU just increased their debt load (not yet captured in their Q2 results as a result of these latest tranactions ) while PSK has been agressively paying theirs down (by another 100 mill this quarter alone). Come Q3 , debt load PER SHARE will be getting much closer - noting FRU's 150 mill shares vs PSK's 230 mill share count. PSK has stated that around $300 mill of debt - more monies will be directed to shareholder returns and this level will be reached in Q3.. Remember-PSK is bringing in more $200 mill /quarter and their payout ratio is only 18% so PSK will be raising their dividend alot faster SIMPLY BECAUSE THEY NOW CAN AFFORD to as compared to FRU..my opinion..both great companies but i see more near term value with PSK..cheers ..dwdc
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