Freehold Royalties (TSE:FRU)

Affiliate Disclosure

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: 2.18B
  • Market Cap Group: Mid Cap
  • P/E: 16.08
  • Dividend Yield: 7.46%


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 Yield Aristocrat Graph SectorID IndustryID
COP NYSE:COP ConocoPhillips 136.23 13.19 2.68 NO 1 5 69
CNQ TSE:CNQ Canadian Natural Resources 111.83 15.47 4.01 YES 1 5 69
EOG NYSE:EOG EOG Resources, Inc. 71.58 9.84 2.92 NO 1 5 69
OXY NYSE:OXY Occidental Petroleum Corporation 55.41 17.08 1.41 NO 1 5 69
TOU TSE:TOU Tourmaline Oil 23.78 13.52 1.89 YES 1 5 69
OVV TSE:OVV Ovintiv 18.80 7.21 2.33 NO 1 5 69
ARX TSE:ARX Arc Resources 15.41 12.90 2.64 NO 1 5 69
VRN TSE:CPG Veren 7.33 0.00 3.88 NO 1 5 69
PSK TSE:PSK PrairieSky Royalty 6.62 30.45 3.61 NO 1 5 69
MUR NYSE:MUR Murphy Oil Corporation 6.53 11.92 2.80 NO 1 5 69
WCP TSE:WCP Whitecap Resources 6.38 9.44 6.84 NO 1 5 69
ERF TSE:ERF Enerplus Corporation 5.66 11.41 1.28 NO 1 5 69
PEY TSE:PEY Peyto Exploration & Development Corp. 2.97 9.38 8.63 NO 1 5 69
VET TSE:VET Vermillion Energy 2.70 0.00 2.85 NO 1 5 69
FRU TSE:FRU Freehold Royalties 2.18 16.08 7.46 NO 1 5 69
BNE TSE:BNE Bonterra Energy 0.20 5.19 0.00 NO 1 5 69

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 8/10 and dividend growth score of 4/10. 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 50 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.

How can I buy stocks for Freehold Royalties?

You can easily buy the FRU stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.

Use A Winning Investment Strategy

My portfolio is generating over 12% annual returns since 2009. It's not from the beginning of the year or from 2019, it's from 2009 !!! That's a consistent return which means using the rule of 72, I double my portfolio every 6 years.

My approach is simple but you need key data that I have cultivated with the Dividend Snapshot Screeners. No other investment services provide you with easy to understand data but also actionable data. No hidden magic.

In fact, I have tried all of the investment services for dividend investors like a crash test dummy of investment services. Just ask me, and you'll learn why there was nothing I could use out there and that's how the Dividend Snapshot Screeners were borned!