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.

TSX:FRU - Post by User

Freehold Royalties Ltd > EN

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Comment by malx1on Nov 21, 2024 9:54pm

124 Views

Post# 36325187

RE:RE:EN

retiredcf wrote: HOLD
Freehold Royalties Ltd(FRU-T)
21/11/2024

Comes down to what you're trying to achieve. A sleep, not-get-rich-overnight name. He's happy to collect the yield of 7.6%, well funded down to about $50 WTI. Eventually, you'll get modest upside relative to commodities going up. Trades at half the valuation of PSK (he doesn't understand why).

Financial Services

Eric Nuttall
$14.27
Owned

That's the polite way of saying "takeover target"

Doesn't mean it's a certainty, but good things happen to quality co's valued at a discount for extended period of time.

He doesn't want to send it to $15+ after BNN zombies dogpile.

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