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Freehold Royalties Q1 Earnings Call Highlights

Oil United States FRU TSE Canada MarketBeat Natural Gas The United States ConocoPhillips Diamondback

Freehold Royalties (TSE:FRU) reported first-quarter 2026 production of 15,533 barrels of oil equivalent per day, with liquids accounting for 65% of volumes, as the company said its oil-weighted portfolio remains positioned to benefit from stronger crude prices.

President and CEO David Spyker said during the company’s first-quarter webcast that oil and gas revenue represented 90% of Freehold’s total revenue in the period, reflecting the company’s continued focus on liquids. He said first-quarter production was affected by lower drilling activity in the second half of 2025, when West Texas Intermediate prices were below $60 per barrel, as well as weather-related downtime from a winter storm in the southern United States in late January.

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