Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

FRHLF

OTC
9.44000 USD
0.03
0.32%
Last update Jul 11, 3:34 PM EDT
Market closed
Day range
9.40000
9.45000
Previous close
9.41000
Open
9.42000
Access this stock data via API
Subscribe
Freehold Royalties Ltd.
9.44
0.03
0.32%

Overview

Description

Freehold Royalties Ltd. is a corporation specializing in oil and gas royalty interests, focusing primarily on North American energy markets. The company's main function is to acquire and manage royalty assets, which provide a stream of income from a diversified portfolio of oil, gas, and potash properties. These interests grant Freehold Royalties a stake in the revenues generated from the extraction activities on its properties, without bearing the costs or operational risks involved in exploration or production processes. A notable feature of Freehold Royalties Ltd. is its extensive portfolio of assets, primarily encompassing lands with established oil and gas production potential. This diversification across various geological formations and basins helps mitigate sector-specific risks. Operating mainly within the energy sector, the company plays a vital role in providing investors with exposure to commodity price fluctuations while ensuring stable cash flows through its royalties model. Given its strategic position, Freehold Royalties Ltd. holds significant importance within the financial markets by offering a unique investment pathway into the oil and gas industry, characterized by relatively lower operational risks and consistent revenue generation.

About

CEO
Mr. David Michael Spyker
Employees
0
Address
517 – 10th Avenue Southwest
Suite 1000
Calgary, T2R 0A8, AB
Canada
Phone
403-221-0802
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
PINX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 7 hours 48 minutes

22:11
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).