Freehold Royalties Ltd. ( (FRHLF) ) has released its Q2 earnings. Here is a breakdown of the information Freehold Royalties Ltd. presented to its investors.
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Freehold Royalties Ltd. is a Calgary-based company operating in the oil and gas sector, focusing on acquiring and managing royalty interests in North America.
In its second quarter of 2025, Freehold Royalties Ltd. reported a revenue of $78 million and funds from operations totaling $57 million, translating to $0.35 per share. The company paid $44 million in dividends, maintaining a dividend payout ratio of 78%.
The company experienced a 9% year-over-year increase in total production, reaching 16,584 barrels of oil equivalent per day, with a significant contribution from its U.S. assets. Freehold’s strategic focus on high-quality, liquids-weighted assets has resulted in a 31% pricing premium on its U.S. production. Additionally, the company signed 40 new leases, contributing to a strong leasing revenue of $1.9 million for the quarter.
Despite the lowest oil prices since early 2021, Freehold’s strategic initiatives have led to a 40% increase in funds from operations per share compared to the first quarter of 2021. The company continues to strengthen its portfolio through land acquisitions and active leasing in key basins.
Looking ahead, Freehold Royalties Ltd. remains focused on enhancing its asset base and production capabilities, with management optimistic about continued growth in its core areas across North America.