Freehold Royalties (TSE:FRU) has released an update.
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Freehold Royalties Ltd. reported strong second-quarter results with a 9% year-over-year production growth and a significant 70% increase in net well drilling activity compared to the same period last year. The company has also declared $41 million in dividends, underlining their operational success and commitment to shareholder returns. With sustained drilling activities and strategic acquisitions, Freehold continues to bolster its North American portfolio.
For further insights into TSE:FRU stock, check out TipRanks’ Stock Analysis page.