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Freehold Royalties ( (TSE:FRU) ) has shared an announcement.
Freehold Royalties Ltd. reported strong financial and operational results for 2024, with significant revenue and funds from operations. The company achieved a notable increase in production and reserves, driven by organic growth and strategic acquisitions, including a major acquisition in the Midland Basin. These results underscore Freehold’s robust industry positioning and potential for future growth, benefiting stakeholders through increased dividends and enhanced asset value.
More about Freehold Royalties
Freehold Royalties Ltd. operates in the energy sector, focusing on acquiring and managing oil and gas royalties. The company primarily generates revenue through its interests in oil and natural gas production, with a significant market focus on North American energy assets.
YTD Price Performance: -3.14%
Average Trading Volume: 55,632
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.28B
For a thorough assessment of FRU stock, go to TipRanks’ Stock Analysis page.