Freehold Royalties (TSE:FRU) has released an update.
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Freehold Royalties reported robust third quarter results with a $74 million revenue and a 3% increase in liquids production compared to last year. The company maintained strong U.S. production levels and saw significant increases in drilling activity in both Canada and the U.S., contributing to a $41 million dividend payout. Despite market volatility, Freehold managed to reduce net debt while delivering substantial shareholder value.
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