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 downwithdotcom1on Jul 11, 2024 4:32pm

239 Views

Post# 36129093

RE:Analyst Recommendation

i went with the "other" royalty player known as PSK even thou it never gained the love like FRU did from the analyst crowd.. Had to watch time after time for the last 2 years "go for FRU and not PSK" anyways. for once i made the right call as PSK walloped FRU in the last year or so...

I sold all of my PSK and got a good entry point into FRU as Eric pointed out from the company's own presentation that FRU is buying royalty lands in the US for cheaper prices right in their domain ..all in now..

LESSON FOR THE KIDS..use analyst views as only part of your decision making process as they don't always get it right..dwdc

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market