Freehold Royalties Reports Strong Q3 2025 Performance

Freehold Royalties Ltd. ( (FRHLF) ) has released its Q3 earnings. Here is a breakdown of the information Freehold Royalties Ltd. presented to its investors.

Freehold Royalties Ltd. is a Canadian company that specializes in acquiring and managing oil and gas royalties, operating primarily in North America with a focus on crude oil and natural gas liquids production.

In its third quarter of 2025, Freehold Royalties reported a revenue of $74 million and funds from operations amounting to $59 million, translating to $0.36 per share. The company also paid $44 million in dividends, maintaining a dividend payout ratio of 75%.

Key highlights from the quarter include a 10% increase in total production to 16,054 barrels of oil equivalent per day (boe/d), driven by a significant 33% growth in U.S. production. The company also saw a 12% increase in crude oil and natural gas liquids production. Freehold’s active leasing program contributed $1.7 million in revenue for the quarter, with 34 new leases signed. The company’s average realized price was $48.92 per boe, with U.S. production fetching a premium due to higher quality and reduced transportation costs.

Freehold’s strategic focus on oil-rich basins in North America has bolstered its production capabilities, with significant drilling activity in both Canada and the U.S. The company drilled 282 wells in the quarter, with a notable increase in well productivity and efficiency. Additionally, Freehold increased its credit facilities to $500 million, reflecting confidence in its financial stability and future growth prospects.

Looking ahead, Freehold Royalties remains committed to optimizing its well productivity and expanding its portfolio through strategic acquisitions and leasing activities. The company aims to continue delivering stable cash flows and dividends to its shareholders while reducing net debt and enhancing its operational efficiencies.