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Bullboard - Stock Discussion Forum
Freehold Royalties Ltd
T.FRU
Alternate Symbol(s):
FRHLF
Consumer Cyclical
Energy
Advertising Agencies
Oil & Gas E&P
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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TSX:FRU - Post Discussion
Freehold Royalties Ltd
> Freehold weakness today !
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•••
rico91
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Post by
rico91
on Nov 18, 2021 3:43pm
Freehold weakness today !
Don't know why FRU is down to $12? I didn't see any news ? Anyone know anything ?
Rico
(12)
•••
jdoubleu
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Comment by
jdoubleu
on Nov 19, 2021 12:28am
I haven't seen anything specific to Freehold, but the reports I've been seeing in the media about oil have taken a clear turn on the price front. Reserve releases, OPEC predicting a surplus in the new year, etc. If I was trading and looking for a quick profit I think I would look somewhere else in the short term. Could be traders taking their profit.. I'm hanging around for the
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