Freehold Royalties Ltd FRHLF

Primary Symbol: T.FRU

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 > Scotia less bullish, $16 target

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Comment by junglejameson Nov 08, 2024 11:53am

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Post# 36303359

RE:Scotia less bullish, $16 target

Most analysts targets far exceed the share price the last few years. Regardless, holding units in your TFSA at the current share price provides a very good tax free yield in excess of about 7.5%. And you get paid monthly!

Every portfolio should have entities that provide consisted base hits. This is "money ball" after all! :)

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