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 > Eric Nuttall

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Post by retiredcfon Jul 11, 2024 6:49am

272 Views

Post# 36127767

Eric Nuttall

As can be seen, he was asked about XOM but steered the caller to FRU. GLTA

BUY

Freehold Royalties Ltd(FRU-T)

10/07/2024

If you're looking for good exposure to the commodity, with a higher yield, he'd recommend this one. Yield is 7.8%, extremely sustainable at current prices. Very good exposure to oil and nat gas, without taking on capex and exploration risk.

Financial Services

Eric Nuttall

$13.690

Owned

SELL

Exxon Mobil(XOM-N)

10/07/2024

Not a name he'd own. Sell, and buy either FRU for the dividend or CHRD for capital appreciation.

Integrated Oils

Eric Nuttall

$111.180

No

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