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 > 8.19% Dividend on this GREAT Royalty stock

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Comment by JayBankson Aug 03, 2024 7:17am

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Post# 36162699

RE:8.19% Dividend on this GREAT Royalty stock

newcoin wrote: I piled in BIG time today.

I also over doubled my position to 2000 shares now.

With continued growth and $75-85 oil, it seems like we will bounce below the 60% payout ratio in a couple quarters and be due for anouther raise...

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