Freehold Royalties Ltd (TSX:FRU)
C$ 13.91 0.18 (1.31%) Market Cap: 2.10 Bil Enterprise Value: 2.33 Bil PE Ratio: 13.91 PB Ratio: 2.27 GF Score: 85/100

Q2 2022 Freehold Royalties Ltd Earnings Call Transcript

Aug 10, 2022 / 01:00PM GMT
Release Date Price: C$13.7 (-1.23%)
Operator

Good morning, ladies and gentlemen. Welcome to the second quarter results conference call. I would now like to turn the meeting over to Mr. David Spyker. Please go ahead, sir.

David Michael Spyker
Freehold Royalties Ltd. - President, CEO & Director

Good morning, everyone, and thank you for joining us today. Joining me on the call this morning are Dave Hendry, our CFO; and Rob King, our Vice President of Business Development.

Over the last 2 years, Freehold has expanded its asset base into the premier basins across North America, providing the company with a high-quality inventory that will underpin our dividend and further our ability to reinvest in the business for years to come. Our low leverage and high-margin business model means that Freehold can generate material returns for our shareholders in all cycles of the commodity, with the added benefit in the current inflationary environment of having returns that are sheltered from compressing profit margins if operating and capital costs continue to increase.

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