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Freehold Royalties Ltd (FRU.TO)

FRU.TO on Toronto Stock Exchange

8.12CAD
14 Jun 2019
Change (% chg)

$-0.11 (-1.34%)
Prev Close
$8.23
Open
$8.24
Day's High
$8.24
Day's Low
$8.07
Volume
127,351
Avg. Vol
312,771
52-wk High
$12.89
52-wk Low
$7.68

Latest Key Developments (Source: Significant Developments)

Freehold Royalties Q3 FFO Per Share C$0.30
Thursday, 15 Nov 2018 

Freehold Royalties Ltd ::. ANNOUNCES STRONG GROWTH IN FUNDS FROM OPERATIONS AND THIRD QUARTER RESULTS.Q3 FFO PER SHARE C$0.30.QTRLY EARNINGS PER SHARE $0.07.QTRLY ROYALTY AND OTHER REVENUE $40.8 MILLION VERSUS $33.9 MILLION.QTRLY ROYALTY PRODUCTION AVERAGED 10,322 BOE/D, DOWN 5% VERSUS Q3-2017 AND 7% WHEN COMPARED TO Q2-2018.REVISING FY2018 AVERAGE PRODUCTION RANGE DOWNWARDS BY 4% TO 11,250-11,500 BOE/D.MAINTAINING 2018 DRILLING FORECAST OF 20 NET WELLS.REDUCED AECO NATURAL GAS PRICE ASSUMPTION TO $1.55/MCF FOR FY.  Full Article

Freehold Royalties Q4 FFO Per Share C$0.27
Friday, 9 Mar 2018 

March 8 (Reuters) - Freehold Royalties Ltd ::ANNOUNCES 2017 RESULTS, INCREASES DIVIDEND AND UNVEILS 2018 GUIDANCE.Q4 FFO PER SHARE C$0.27.BOARD HAS APPROVED 5 PCT INCREASE TO ITS MONTHLY DIVIDEND TO $0.0525 PER SHARE OR $0.63 PER SHARE ANNUALIZED.‍FREEHOLD'S Q4 PRODUCTION AVERAGED 12,032 BOE/D, DOWN 4 PCT VERSUS SAME PERIOD IN 2016​.‍ASSUMING A PRODUCTION RANGE OF 11,750 BOE/D TO 12,250 BOE/D FOR 2018​.  Full Article

Freehold Royalties Acquires A Long Life Cardium Royalty Asset
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Freehold Royalties Ltd ::FREEHOLD ROYALTIES LTD. ACQUIRES A LONG LIFE CARDIUM ROYALTY ASSET.FREEHOLD ROYALTIES LTD - PURCHASE PRICE OF GORR IS $52 MILLION PLUS ASSIGNMENT BY FREEHOLD OF MINOR WORKING INTEREST ASSETS.FREEHOLD ROYALTIES LTD - GORR IS FORECAST TO GENERATE APPROXIMATELY $3.6 MILLION IN OPERATING INCOME AND APPROXIMATELY 210 BOE/D IN 2018.FREEHOLD ROYALTIES LTD - ACQUISITION WAS FUNDED THROUGH EXISTING CREDIT LINE.FREEHOLD ROYALTIES - PROFORMA 2017 YEAR-END NET DEBT TO FFO EXPECTED TO BE 0.7 TIMES, WITH ABOUT $90 MILLION AVAILABLE ON ITS EXISTING FACILITY.  Full Article

Freehold Royalties increases 2017 production guidance
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Freehold Royalties Ltd :Third quarter results: Freehold increases 2017 production guidance.Q3 FFO per share c$0.24.Freehold Royalties Ltd-qtrly production averaged 12,036 boe/d, down 2% versus Q3-2016‍​.Freehold Royalties Ltd says increasing 2017 average production range to 12.0-12.5 mboe/d‍​.  Full Article

Eureka Group Holdings acquires Freehold retirement village
Tuesday, 27 Jun 2017 

June 27 (Reuters) - Eureka Group Holdings Ltd :Eureka acquires freehold retirement village.Announces acquisition of freshwater villas, a 42 unit retirement village in gympie.Freshwater is expected to generate between an 10-11% return to eureka on $4m purchase price.  Full Article

CANADA STOCKS-TSX futures slip on U.S.-China trade concerns

May 8 Futures for Canada's main stock index edged lower on Wednesday, as deepening U.S.-China trade tensions and global economy slowdown fears drove investors away from risky assets.