TSE:FRU
9.76
0.15
(1.51%)
Analysis and Opinions about FRU-T
Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
August 26, 2021
Owns lands where oil and gas is produced. Deals in good parts of the Permian. Excellent dividend record, and now it's almost where it was pre-pandemic. No debt. Should see more dividend increases, more acquisitions, with lower capital intensity. Buy below $9, be happy for a number of years. Yield is 6.51%. (Analysts’ price target is $12.63)
Show full opinionHide full opinion
Owns lands where oil and gas is produced. Deals in good parts of the Permian. Excellent dividend record, and now it's almost where it was pre-pandemic. No debt. Should see more dividend increases, more acquisitions, with lower capital intensity. Buy below $9, be happy for a number of years. Yield is 6.51%. (Analysts’ price target is $12.63)
PAST TOP PICK
PAST TOP PICK
July 30, 2021
(A Top Pick Aug 06/20, Up 114%) Was still emerging from the covid sell off last August. The royalty structure gave them the opportunity to give meaningful dividend increases. The CEO changed. The goal is to maximize upside capture right now and this does not hit his objectives right now. Wants something with more upside potential.
Show full opinionHide full opinion(A Top Pick Aug 06/20, Up 114%) Was still emerging from the covid sell off last August. The royalty structure gave them the opportunity to give meaningful dividend increases. The CEO changed. The goal is to maximize upside capture right now and this does not hit his objectives right now. Wants something with more upside potential.
TOP PICK
TOP PICK
July 2, 2021
Very compelling investment with double digit cashflow yield. 15x earnings with a 5% dividend yield. Should go up a lot in the near term. (Analysts’ price target is $18.00)
Show full opinionHide full opinionVery compelling investment with double digit cashflow yield. 15x earnings with a 5% dividend yield. Should go up a lot in the near term. (Analysts’ price target is $18.00)
PAST TOP PICK
PAST TOP PICK
July 2, 2021
(A Top Pick Mar 20/20, Up 77%) Picked it again for top pick. Biggest holding in his portfolios. Very undervalued company in the oil and gas area. Generates huge amounts of free cashflow with 5% dividend. Trades at half the valuation of other royalty companies.
Show full opinionHide full opinion(A Top Pick Mar 20/20, Up 77%) Picked it again for top pick. Biggest holding in his portfolios. Very undervalued company in the oil and gas area. Generates huge amounts of free cashflow with 5% dividend. Trades at half the valuation of other royalty companies.
DON'T BUY
DON'T BUY
February 9, 2021
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%.
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%.
PAST TOP PICK
PAST TOP PICK
January 6, 2021
(A Top Pick Jan 06/20, Down 23%) All energy stocks were painted with the same brush. Dividend should be raised in Q1 or Q2. Things have stabilized, management has changed and should be more dynamic. Worth a look at these levels.
Show full opinionHide full opinion(A Top Pick Jan 06/20, Down 23%) All energy stocks were painted with the same brush. Dividend should be raised in Q1 or Q2. Things have stabilized, management has changed and should be more dynamic. Worth a look at these levels.
WAIT
WAIT
October 16, 2020
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.
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.
TOP PICK
TOP PICK
September 18, 2020
They own land and people pay them to drill on it. The stock has fallen just as much as other names in the energy sector. There was a change in CEO who may be able to communicate better than the last one. Trading at a massive discount. (Analysts’ price target is $6.17)
Show full opinionHide full opinionThey own land and people pay them to drill on it. The stock has fallen just as much as other names in the energy sector. There was a change in CEO who may be able to communicate better than the last one. Trading at a massive discount. (Analysts’ price target is $6.17)
TOP PICK
TOP PICK
August 6, 2020
A new name for them. It has sold off along with the other oil and gas companies, despite lower risk levels. They cut their dividend by 71%. They can triple dividend and still have free cashflow to grow production. (Analysts’ price target is $6.04)
Show full opinionHide full opinionA new name for them. It has sold off along with the other oil and gas companies, despite lower risk levels. They cut their dividend by 71%. They can triple dividend and still have free cashflow to grow production. (Analysts’ price target is $6.04)
HOLD
HOLD
April 6, 2020
He does thinks the dividend is at risk (40-60% cut). FRU-T cut their dividend in 2014 and did raise it back up as conditions improved and he expects FRU-T to do it again now. The best capitalized companies will thrive. He expects them to survive this downturn. He is looking to average down and get his weighting back up.
Show full opinionHide full opinionHe does thinks the dividend is at risk (40-60% cut). FRU-T cut their dividend in 2014 and did raise it back up as conditions improved and he expects FRU-T to do it again now. The best capitalized companies will thrive. He expects them to survive this downturn. He is looking to average down and get his weighting back up.
BUY
BUY
March 4, 2020
Hold or buy a pipeline? He owns this one for his clients. They may decrease drilling, but when other companies reduce drilling they are forced to sell off royalty interests -- this is good for them. They are slow and steady. CN's pension plan owns this as well in a big way. It appears to be on sale to him. He thinks their cash flow will improve when oil returns to above $50 by June.
Show full opinionHide full opinionHold or buy a pipeline? He owns this one for his clients. They may decrease drilling, but when other companies reduce drilling they are forced to sell off royalty interests -- this is good for them. They are slow and steady. CN's pension plan owns this as well in a big way. It appears to be on sale to him. He thinks their cash flow will improve when oil returns to above $50 by June.
TOP PICK
TOP PICK
March 3, 2020
An example of understanding the value of the company. They have zero cost of production, so if oil goes to $10, they still make money. Free cashflow machine. Payout ratio is under 100% all the way down to the high 30s. Expects a $10-12 stock with oil above $50 a year from now. Yield is 10.48%. (Analysts’ price target is $10.46)
Show full opinionHide full opinionAn example of understanding the value of the company. They have zero cost of production, so if oil goes to $10, they still make money. Free cashflow machine. Payout ratio is under 100% all the way down to the high 30s. Expects a $10-12 stock with oil above $50 a year from now. Yield is 10.48%. (Analysts’ price target is $10.46)
COMMENT
COMMENT
March 2, 2020
He bought it too early. The dividend is not sustainable if the price of oil remains at $45 per barrel, but even if they cut it in half, it would still be a good dividend. He owns it because he feels Canadian oil is undervalued and this is due to our politics. The sooner that politicians realize that Canadian runs on oil--and Quebec enjoys massive transfer payments because of oil--then the sooner oil companies will like this will do well.
He bought it too early. The dividend is not sustainable if the price of oil remains at $45 per barrel, but even if they cut it in half, it would still be a good dividend. He owns it because he feels Canadian oil is undervalued and this is due to our politics. The sooner that politicians realize that Canadian runs on oil--and Quebec enjoys massive transfer payments because of oil--then the sooner oil companies will like this will do well.
COMMENT
COMMENT
February 18, 2020
He doesn't own much oil--too uncertainty. But royalty companies have some advantages and FRU is a good company. If you expect a rebound in energy stocks (he doubts it), FRU isn't a bad way to play. The dividend is relatively secure.
Show full opinionHide full opinionHe doesn't own much oil--too uncertainty. But royalty companies have some advantages and FRU is a good company. If you expect a rebound in energy stocks (he doubts it), FRU isn't a bad way to play. The dividend is relatively secure.
HOLD
HOLD
February 12, 2020
A much lower beta play on an oil price recovery. They need $55 oil prices to sustain their cash flows. He likes their low cost assets. Yield 7.5%
Show full opinionHide full opinionA much lower beta play on an oil price recovery. They need $55 oil prices to sustain their cash flows. He likes their low cost assets. Yield 7.5%
Freehold Royalties(FRU-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 4
Freehold Royalties(FRU-T) Frequently Asked Questions
What is Freehold Royalties stock symbol?
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
Is Freehold Royalties a buy or a sell?
In the last year, 4 stock analysts published opinions about FRU-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Freehold Royalties.
Is Freehold Royalties a good investment or a top pick?
Freehold Royalties was recommended as a Top Pick by Ryan Bushell on 2021-08-26. Read the latest stock experts ratings for Freehold Royalties.
Why is Freehold Royalties stock dropping?
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.
Is Freehold Royalties worth watching?
4 stock analysts on Stockchase covered Freehold Royalties In the last year. It is a trending stock that is worth watching.
What is Freehold Royalties stock price?
On 2021-09-17, Freehold Royalties (FRU-T) stock closed at a price of $9.76.
