FRU
Live News • Jul 05
Freehold Royalties Expands US Oil and Gas Royalties With New Permian Acquisition Freehold Royalties acquired additional royalty interests in the Permian Basin, expanding its portfolio of oil and gas royalty assets across the United States.
The acquisition adds to Freehold Royalties’ existing North American royalty base, which generates revenue when third-party operators produce oil and gas on its lands and supports the company’s focus on cash flow from a diversified set of properties.
Freehold Royalties’ shares trade at about CA$16.11, with the stock up 5.6% year to date, and the company continues to emphasize a monthly dividend supported by its royalty income.
This latest Permian deal increases Freehold Royalties’ exposure to a major producing basin. This can concentrate returns but also ties more of the company’s cash flows to activity levels and commodity prices in that region. Declared Dividend • Jun 18
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 6.6%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (198% earnings payout ratio) nor is it covered by cash flows (105% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 120% to bring the payout ratio under control. EPS is expected to grow by 15% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Jun 18
Freehold Royalties Ltd. Announces Appointment of Brad Monaco to Chief Financial Officer, Effective June 22, 2026 Freehold Royalties Ltd. announced the appointment of Brad Monaco as its Chief Financial Officer, effective June 22, 2026. Brad Monaco has extensive energy experience spanning finance, strategy, capital markets and operations. Most recently, he served as Chief Financial Officer of Parkland Corporation. Prior to taking on the role of Chief Financial Officer, Brad held various leadership roles at Parkland, including Vice President Finance for Parkland’s Canadian business. In that role, he partnered closely with operations on financial planning, performance improvement initiatives, acquisitions and integration activities. Earlier in his career, Brad held roles in upstream energy and buy-side investment management. He is a Chartered Financial Analyst (CFA) charterholder and holds a Bachelor of Commerce degree from the University of Calgary.