COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner Toronto - Delayed Quote • CAD Freehold Royalties Ltd. (FRU.TO) Follow Compare 13.06 +0.02 (+0.15%) At close: December 13 at 4:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Freehold Maintained at Outperform at National Bank as Midland Acquisition Closes; Price Target Kept at $16.50 National Bank Financial on Friday reiterated its outperform rating on the shares of Freehold Royalti Freehold Royalties Closes Midland Basin Acquisition, Boosts its Credit Facility and Declares Dividend Freehold Royalties (FRU.TO) said Friday it closed its $259-million acquisition of mineral titles an Freehold Royalties Announces Closing of Strategic Midland Basin Acquisition, Credit Facility Increase and Declares Dividend for December 2024 CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) is pleased to announce that it has closed its previously announced transaction to acquire mineral title and royalty interests in the core of the Midland Basin in Texas (the Acquisition or the Acquired Assets) for approximately $259 million, net of estimates for exchange rate, expenses and customary closing adjustments. Acquisition Highlights: 1,500 – 1,600 boe/d of premium priced, ligh Freehold Royalties Announces Closing of Equity Financing, Exercise of Over-Allotment Option, and Purchase of Additional Interest in the Acquisition NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) is pleased to announce that it has completed its previously announced upsized bought-deal equity financing (the Equity Financing) of common shares, conducted by a syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. as joint bookrunners, including th Undiscovered Gems in Canada for December 2024 As the Canadian economy continues to show resilience, supported by robust consumer spending and positive real wage gains, investors are increasingly turning their attention to small-cap stocks that could benefit from these favorable conditions. In this environment, identifying undiscovered gems involves looking for companies with strong fundamentals and growth potential that align with the ongoing economic trends. Freehold Royalties Down 3.8% As Upsizes Prior Announced Equity Financing Freehold Royalties Ltd. (FRU.TO) was at last look down 3.8% in early Tuesday trade after it announce Freehold Royalties Announces Upsize to Previously Announced Equity Financing Freehold Royalties Ltd. (Freehold or the Company) (TSX: FRU) is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. (the Underwriters) to increase the size of its previously announced bought-deal equity financing (the Equity Financing) from $125.1 million to $150 million. Freehold Royalties Acquires Midland Basin Royalty Property and Bought Deal Equity Financing Freehold Royalties (FRU.TO) after close of trading Monday said it entered into a definitive agreemen Freehold Royalties Announces Strategic Midland Basin Royalty Acquisition and Bought Deal Equity Financing Freehold Royalties Ltd. (Freehold or the Company) (TSX: FRU) has entered into a definitive agreement with a private seller to acquire mineral title and royalty interests in the core of the Midland Basin in Texas (the Acquisition or the Acquired Assets) for approximately $216 million, net of estimates for exchange rate and customary closing adjustments. Freehold Royalties to Host Investor Day on December 3, 2024 CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) will be hosting an Investor Day on December 3, 2024, beginning at 10:00am MST at the Calgary Petroleum Club in Calgary, Alberta. Please contact investor relations with any questions at investorrelations@freeholdroyalties.com. Registration for the live broadcast and on-demand replay is available at https://edge.media-server.com/mmc/p/nd7636wf. Freehold’s 2024 Asset Book and Investor Day Don't Race Out To Buy Freehold Royalties Ltd. (TSE:FRU) Just Because It's Going Ex-Dividend Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Freehold... Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09 Freehold Royalties Ltd.'s ( TSE:FRU ) investors are due to receive a payment of CA$0.09 per share on 16th of December... Freehold Royalties Announces Amendment to Credit Facilities Agreement CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces an amendment to its credit facilities agreement with its syndicate of four Canadian banks. The amended credit facilities have been increased from $300 million to $400 million, including an increase to the committed revolving facility from $285 million to $380 million and an increase to the operating facility from $15 million to $20 million. The agreement also carries an optio Freehold Royalties Third Quarter 2024 Earnings: EPS: CA$0.17 (vs CA$0.28 in 3Q 2023) Freehold Royalties ( TSE:FRU ) Third Quarter 2024 Results Key Financial Results Revenue: CA$73.9m (down 12% from 3Q... Freehold Royalties Ltd (FRHLF) Q3 2024 Earnings Call Highlights: Strong Liquids Production and ... Freehold Royalties Ltd (FRHLF) reports a 3% increase in liquids production and reduces net debt by $12 million, maintaining a robust financial position amidst market challenges. Freehold Royalties Announces Third Quarter Results and Schedules 2024 Investor Day CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces third quarter results for the period ended September 30, 2024. Third Quarter Summary $74 million in revenue;$56 million in funds from operations ($0.37/share)(1)(3);$41 million in dividends paid ($0.27/share)(2);9,367 bbls/d of total liquids production; An increase of 3% from Q3-2023 and a 4% increase YTD 2024 compared to YTD 2023;Realized crude oil and NGL price averaged app Undiscovered Gems in Canada Top Picks for November 2024 As the Canadian economy experiences a softening labor market and anticipates further rate cuts from the Bank of Canada, investors are navigating an environment that could favor both equity and bond markets. With these economic conditions in mind, identifying undiscovered gems in Canada's stock market involves seeking companies that can thrive amid easing monetary policies and a stabilizing economic backdrop. Top Undervalued Small Caps With Insider Buying In Canada October 2024 Over the last 7 days, the Canadian market has remained flat, yet it boasts an impressive 27% increase over the past year with earnings expected to grow by 16% per annum in the coming years. In this dynamic environment, identifying promising small-cap stocks can be particularly rewarding when they exhibit strong fundamentals and insider buying activity. Freehold Royalties (TSE:FRU) Has Announced A Dividend Of CA$0.09 The board of Freehold Royalties Ltd. ( TSE:FRU ) has announced that it will pay a dividend of CA$0.09 per share on the... Undiscovered Gems in Canada Promising Stocks to Explore October 2024 As markets continue to ride a wave of optimism fueled by recent rate cuts and enthusiasm around AI, the TSX has reached all-time highs, reflecting a broader trend of economic expansion and rising corporate earnings. In this environment, identifying promising small-cap stocks in Canada can be particularly rewarding, as these companies often thrive under conditions of easing monetary policy and robust market fundamentals. Performance Overview Trailing total returns as of 12/13/2024, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return FRU.TO S&P/TSX Composite index YTD +2.38% +20.59% 1-Year +10.21% +24.91% 3-Year +41.06% +20.98%