Detail akcie Freehold Royalty online

Business Summary: Freehold Royalties Ltd. is a Canada-based royalty company. The Company manages non-government portfolios of oil and natural gas royalties in Canada with an expanding land base in the United States. Its primary focus is to acquire and actively manage royalties, while providing a lower risk income vehicle for its shareholders. Its total land holdings encompass approximately 6.2 million gross acres in Canada. It has royalty interests in more than 19,000 producing wells and almost 400 units spanning five provinces and eight states and receives royalty income from over 360 industry operators throughout North America. It has two geographical segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada, and US 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, and North Dakota.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Freehold Royalties Ltd revenues decreased 20% to C$314.6M. Net income decreased 37% to C$131.9M. Revenues reflect NGL segment decrease of 61% to C$25.7M, Canada segment decrease of 26% to C$183.1M, Gas Liquids Prod (Barrels)-Natural Gas L decrease of 49% to 645K barrels, Oil Equivalent Production-Canada decrease of 1% to 10K barrels per day, FFO per Share (Basic) decrease of 24% to C$1.59.