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 > Analyst Recommendation

<< Previous

Bullboard Posts

Next >>

Comment by JoeBravo1on Feb 13, 2024 8:48am

137 Views

Post# 35877141

RE:Analyst Recommendation

Thanks for that link retiredcf.

It was a balanced interview. I think his view on Freehold was solid. It's a boring royalty company, but it's consistent and has some solid investors.

Dividend is quite safe, but the gains I'm not sure of. They'll need to do something to spice things up, like good results and maybe a dividend increase, IMO.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading