Freehold Royalties (TSE:FRU)

FRU - Freehold Royalties Freehold Royalties is an oil and gas royalty company with assets predominantly in western Canada. The company receives oil and natural gas revenue from approximately 300 industry operators with royalty rates varying from less than 1% to 22.5%.

The royalty volumes are weighted nearly 55% oil and natural gas liquids (NGL) and 45% natural gas. Freehold does not incur any capital costs to drill or equip the wells for production. Its land holdings total more than 6.4 million gross acres, which is one of the largest independently owned royalty lands portfolios in Canada.

Its royalties as a percentage of production have remained above 95%. About 10% of industry drilling within western Canada is on Freehold land. Given its strong reputation, the company can conveniently create new leases on its royalty lands.

Stock Chart & Metrics

  • Ticker: tse:fru
  • Sector: Energy
  • Industry: Oil & Gas E&P
  • Market Cap: 1.92B
  • Market Cap Group: Small Cap
  • P/E: 41.02
  • Dividend Yield: 5.63%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Aristocrat Graph SectorID IndustryID
COP NYSE:COP ConocoPhillips 114.41 24.50 NO 1 5 69
CNQ TSE:CNQ Canadian Natural Resources 76.71 13.16 YES 1 5 69
EOG NYSE:EOG EOG Resources, Inc. 61.80 16.98 NO 1 5 69
OXY NYSE:OXY Occidental Petroleum Corporation 33.17 136.58 NO 1 5 69
TOU TSE:TOU Tourmaline Oil 14.99 8.08 NO 1 5 69
OVV TSE:OVV Ovintiv 13.55 0.00 NO 1 5 69
ARX TSE:ARX Arc Resources 9.51 18.19 NO 1 5 69
WCP TSE:WCP Whitecap Resources 5.63 2.69 NO 1 5 69
MUR NYSE:MUR Murphy Oil Corporation 4.92 39.84 NO 1 5 69
CPG TSE:CPG Crescent Point Energy 4.84 2.24 NO 1 5 69
ERF TSE:ERF Enerplus Corporation 3.82 0.00 NO 1 5 69
PSK TSE:PSK PrairieSky Royalty 3.51 34.92 NO 1 5 69
VET TSE:VET Vermillion Energy 3.22 4.36 NO 1 5 69
CG TSE:CG Centerra Gold 3.05 0.00 NO 1 1 69
FRU TSE:FRU Freehold Royalties 1.92 41.02 NO 1 5 69
PEY TSE:PEY Peyto Exploration & Development Corp. 1.77 12.06 NO 1 5 69
BNE TSE:BNE Bonterra Energy 0.23 1.48 NO 1 5 69

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

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Freehold Royalties - FAQ

What is the stock ticker for Freehold Royalties?

The stock ticker for Freehold Royalties is TSE:fru.

Is Freehold Royalties a good stock to buy?

You need to consider your investment strategy and how TSE:fru can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 1/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Freehold Royalties a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 26 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.


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