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

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Post by Dibah420on Dec 18, 2023 4:58pm

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Post# 35790656

RBC On Permian Deal

RBC Capital Markets Notes Freehold's Permian Royalty Deal

MT Newswires - Dec 18, 2023 10:27 AM EST

10:27 AM EST, 12/18/2023 (MT Newswires) -- RBC Capital Markets said Monday that Freehold Royalties Ltd. (FRU.TO)'s latest royalty acquisition in the Permian reinforces their US growth strategy, building out core inventory with high quality payors.

Following the transaction, RBC expects mid-single-digit growth for Freehold out of the acquired assets, with plenty of running room over the next several years.

Price: 13.61, Change: +0.25, Percent Change: +1.87

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