Canada's Freehold Royalties Q3 production up 10%

Freehold Royalties

13/11/2025 21:21

Overview

Freehold Q3 revenue rises to C$74 mln, with funds from operations at C$59 mln

Total production increased 10% yr/yr, driven by U.S. production growth

Outlook

Company highlights ongoing trend of improved well productivity across portfolio

Freehold emphasizes stability from diversified, liquids-rich production

Result Drivers

U.S. PRODUCTION GROWTH - 33% increase in U.S. production, driven by Permian basin acquisition and drilling activity

PRICING PREMIUM - 33% pricing premium on U.S. production due to higher liquids weighting and reduced transportation costs

WELL PRODUCTIVITY - Improved well productivity with 25% increase in Canada and 15% in U.S. due to optimized drilling

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
C$34.20 mln
Q3 FFO
C$58.90 mln
Q3 FFO Per Share
C$0.36
Q3 Net Debt
C$263.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Freehold Royalties Ltd is C$15.00, about 3.7% above its November 12 closing price of C$14.44

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX43T8Q0

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)