Bullboard - Stock Discussion Forum 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... see more

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Freehold Royalties Ltd > Eric Nuttall

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Post by retiredcf on Nov 22, 2023 3:35pm

Eric Nuttall

Looks like BNN moved him ahead by two days. GLTA

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Freehold Royalties Ltd(FRU-T)

22/11/2023

Lower beta way to get exposure to oil and nat gas. Conservative. Attempting M&A in US, but balance sheets are so strong, fewer companies need royalty deals to raise cash. Strong organic growth prospects next year. Yield is 7.5%, payout ratio at low 60%. Trades at 8.5x, compared to the unjustified 14x for PSK.

Financial Services

Eric Nuttall

$14.430

Owned

277