Last C$19.26 CAD
Change Today -0.10 / -0.52%
Volume 197.5K
FRU On Other Exchanges
Symbol
Exchange
OTC US
Toronto
Frankfurt
As of 1:00 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

freehold royalties ltd (FRU) Snapshot

Open
C$19.30
Previous Close
C$19.36
Day High
C$19.38
Day Low
C$19.04
52 Week High
06/16/14 - C$28.18
52 Week Low
12/12/14 - C$17.01
Market Cap
1.4B
Average Volume 10 Days
545.8K
EPS TTM
C$1.00
Shares Outstanding
74.1M
EX-Date
12/29/14
P/E TM
19.3x
Dividend
C$1.68
Dividend Yield
8.72%
Current Stock Chart for FREEHOLD ROYALTIES LTD (FRU)

Related News

No related news articles were found.

freehold royalties ltd (FRU) Related Businessweek News

No Related Businessweek News Found

freehold royalties ltd (FRU) Details

Freehold Royalties Ltd. develops and produces oil and natural gas primarily in Western Canada. It focuses on acquiring and managing oil and gas royalties; and developing and producing its working interest oil and gas assets, as well as natural gas liquids and potash. As of December 31, 2013, the company had net proved plus probable reserves of 23.1 million barrels of oil equivalent; total land holdings of 3.1 million gross acres; and royalty interests in 22,885 wells. It has operations primarily in Alberta, British Columbia, Saskatchewan, Manitoba, and Ontario provinces of Canada. The company was founded in 1996 and is based in Calgary, Canada.

Founded in 1996

freehold royalties ltd (FRU) Top Compensated Officers

Chief Executive Officer, President and Not In...
Total Annual Compensation: C$109.3K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$85.7K
Vice President of Land
Total Annual Compensation: C$82.5K
Compensation as of Fiscal Year 2013.

freehold royalties ltd (FRU) Key Developments

Freehold Royalties Ltd. Declares Dividend, Payable on January 15, 2015

Freehold Royalties Ltd. announced that its Board of Directors has declared dividend of CAD 0.14 per common share to be paid on January 15, 2015 to shareholders of record on December 31, 2014. Including the January 15, 2015 payment, the twelve-month trailing cash dividends total CAD 1.68 per common share.

Freehold Royalties Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Declares November Dividend Payable on December 15, 2014; Revised Earnings and Capital Expenditure Guidance for the Year 2014

Freehold Royalties Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $17.9 million or $0.24 per basic and diluted share on gross revenue of $52.3 million compare to $19 million or $0.28 per basic and diluted share on gross revenue of $51.5 million reported in the same period last year. Operating income was $46.0 million against $44.6 million reported last year. Capital expenditures were $2.8 million against $5.7 million reported last year. Funds from operations totalled $39.6 million or $0.54 per share against $36.4 million or $0.54 per share reported last year. For the nine months, the company reported net income of $55.4 million or $0.79 per basic and diluted share on gross revenue of $156.2 million compare to $43.7 million or $0.66 per basic and diluted share on gross revenue of $136.3 million reported in the same period last year. Operating income was $137.6 million against $117.9 million reported last year. Capital expenditures were $20.2 million against $24 million reported last year. Funds from operations totalled $107.7 million or $1.54 per share against $90.3 million or $1.35 per share reported last year. The Board of Directors has declared the November dividend of $0.14 per share, will be paid on December 15, 2014 to shareholders of record on November 30, 2014. The company is revising its 2014 production forecast from 9,500 boe/d to 9,100 boe/d. Average production is expected to be weighted 74% to royalty production. For 2014, the company is forecasting WTI to average $94.00/bbl for the year, down from previous guidance forecast of $99.00/bbl (represents a $16/bbl revision to fourth quarter of 2014 forecast), and WCS down to $83.00/bbl from $85.00/bbl. For the year 2014 capital spending budget is expected to remain at $35 million with a large portion to be spent through fourth quarter of 2014.

Freehold Royalties Ltd. Declares Dividend, Payable on November 17, 2014

Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.14 per common share to be paid on November 17, 2014 to shareholders of record on October 31, 2014. These dividends are designated as "eligible dividends" for Canadian income tax purposes.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FRU:CN C$19.26 CAD -0.10

FRU Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FRU.
View Industry Companies
 

Industry Analysis

FRU

Industry Average

Valuation FRU Industry Range
Price/Earnings 18.5x
Price/Sales 7.0x
Price/Book 3.2x
Price/Cash Flow 10.4x
TEV/Sales 6.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FREEHOLD ROYALTIES LTD, please visit www.freeholdroyalties.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.