(A Top Pick Sep 18/20, Up 167%) Gives you good exposure to the commodity price without taking on exploration risk. The stock was mispriced when he recommended it. Has done a series of acquisitions.
Safe dividend? It's safe. We'll see what mark on the dividend the new CEO will do. They just added acreage in the U.S. Valuation is 10x, a discount to Prairie Sky. Sees 40-50% upside based on $60 oil, however, he's looking for 100% upside after this harsh oil bear market. The yield will likely rise by 50%.
It was a past pick. He trimmed half his position today to buy Enerplus and another company. The CEO and board are quite timid when they should be more aggressive. They cut the dividends by 71%. There is no exploratory risk and is one of the more defendable business. A new CEO must be more aggressive.
Freehold Royalties is a Canadian stock, trading under the symbol FRU-T on the Toronto Stock Exchange (FRU-CT). It is usually referred to as TSX:FRU or FRU-T
In the last year, 7 stock analysts published opinions about FRU-T. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Freehold Royalties.
Freehold Royalties was recommended as a Top Pick by on . Read the latest stock experts ratings for Freehold Royalties.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Freehold Royalties In the last year. It is a trending stock that is worth watching.
On 2022-05-20, Freehold Royalties (FRU-T) stock closed at a price of $14.64.