FRHLF
Freehold Royalties Ltd.
OTC Markets OTCPKUSDEQUITY
Energy
DELAYED
Sell
-31/100
Last price
11.72
▲ 0.07 (0.60%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
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Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
11.65
Day high
11.73
Day low
11.55
Volume
4.50K
Market cap
$1.92B
P/E (TTM)
18.90
52W range
9.50 – 13.58
Trailing performance
Returnvs SPY
1W
+1.30%
-0.2%
1M
-7.93%
-9.0%
3M
+1.47%
-1.5%
6M
-5.56%
-20.1%
YTD
+5.68%
-7.8%
1Y
+17.55%
+2.3%
3Y
+7.92%
-73.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on FRHLF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
760.77K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 22, 26 | Monaco (Bradley Robert) Senior Officer of Issuer |
— | 0 | — | Direct |
| Jun 22, 26 | Monaco (Bradley Robert) Senior Officer of Issuer |
BUY | 6.06K | $70.88K | Direct |
| Mar 31, 26 | Strem (Colin) Senior Officer of Issuer |
BUY | 4.00K | $49.94K | Direct |
| Jan 27, 26 | Canadian National Railway Company, Administrator of the CN Pension Trust Funds 10% Security Holder of Issuer |
— | 6.48M | — | Indirect |
| Jan 27, 26 | Canadian National Railway Company, Administrator of the CN Pension Trust Funds 10% Security Holder of Issuer |
— | 6.48M | — | Indirect |
| Jan 5, 26 | Strem (Colin) Senior Officer of Issuer |
BUY | 4.00K | $43.34K | Direct |
| Dec 16, 25 | Morihira (Shaina Brianne) Senior Officer of Issuer |
BUY | 18.50K | $200.00K | Direct |
| Dec 3, 25 | Farstad (Lisa) Senior Officer of Issuer |
BUY | 7.00K | $75.77K | Direct |
| Dec 2, 25 | Strem (Colin) Senior Officer of Issuer |
BUY | 4.00K | $42.38K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Canadian National Railway Company, Administrator of the CN Pension Trust Funds |
10% Security Holder of Issuer | — | Change in nature of ownership |
Farstad (Lisa) |
Senior Officer of Issuer | 40.00K | Acquisition or disposition in the public market |
Monaco (Bradley Robert) |
Senior Officer of Issuer | 0 | Opening Balance-Initial SEDI Report |
Morihira (Shaina Brianne) |
Senior Officer of Issuer | 46.50K | Acquisition or disposition in the public market |
Strem (Colin) |
Senior Officer of Issuer | 24.00K | Acquisition or disposition in the public market |
Fundamentals
Market cap$1.92B
Enterprise value—
Revenue (TTM)$322.23M
Gross profit$310.06M
EBITDA$281.53M
Net income$140.31M
EPS (TTM)$0.62
Free cash flow$160.93M
Total cash—
Total debt$284.90M
Book value / share$4.35
Shares outstanding163.96M
Float136.96M
Short % of float—
Dividend yield6.46%
Beta (5Y)0.86
Valuation & profitability ratios
Trailing P/E18.90
Forward P/E—
PEG ratio—
Price / sales—
Price / book2.70
EV / revenue—
EV / EBITDA—
Gross margin96.23%
Operating margin67.35%
Profit margin43.54%
Return on equity13.67%
Return on assets7.85%
Debt / equity28.05
Current ratio1.80
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $313.46M | $309.48M | $314.57M | $393.02M | +1.3% |
| Operating revenue | $313.46M | $309.48M | $314.57M | $393.02M | +1.3% |
| Cost of revenue | $120.23M | $110.42M | $105.11M | $111.30M | +8.9% |
| Gross profit | $193.23M | $199.06M | $209.46M | $281.72M | -2.9% |
| Selling, general & admin | $26.04M | $19.27M | $18.77M | $22.31M | +35.1% |
| Total operating expense | $26.78M | $20.63M | $20.09M | $24.06M | +29.8% |
| Operating income | $166.45M | $178.43M | $189.37M | $257.66M | -6.7% |
| Net interest income | -$18.38M | -$15.42M | -$10.28M | -$6.12M | -19.2% |
| Pre-tax income | $123.60M | $191.36M | $172.44M | $269.02M | -35.4% |
| Tax provision | $31.82M | $41.91M | $40.53M | $59.84M | -24.1% |
| Net income | $91.78M | $149.45M | $131.90M | $209.19M | -38.6% |
| Net income to common | $91.78M | $149.45M | $131.90M | $209.19M | -38.6% |
| Basic EPS | 0.56 | 0.99 | 0.88 | 1.39 | -43.4% |
| Diluted EPS | 0.56 | 0.98 | 0.88 | 1.39 | -42.9% |
| EBIT | $141.98M | $206.77M | $182.72M | $275.14M | -31.3% |
| EBITDA | $250.48M | $308.18M | $279.34M | $377.76M | -18.7% |
| Basic shares | 163.96M | 151.38M | 150.68M | 150.63M | +8.3% |
| Diluted shares | 163.96M | 151.99M | 151.22M | 150.82M | +7.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | — | $0 | $0 | $524.00K | $2.19M | — |
| Cash & short-term investments | — | $0 | $0 | $524.00K | $2.19M | — |
| Accounts receivable | $45.63M | $48.40M | $43.33M | $57.65M | — | -5.7% |
| Total current assets | $50.32M | $52.78M | $55.41M | $80.08M | — | -4.7% |
| Property, plant & equipment | $1.29B | $1.40B | $1.03B | $1.13B | — | -7.8% |
| Total assets | $1.37B | $1.48B | $1.12B | $1.21B | — | -7.5% |
| Total current liabilities | $35.71M | $34.19M | $33.33M | $59.05M | — | +4.4% |
| Long-term debt | $282.85M | $300.85M | $122.97M | $156.56M | — | -6.0% |
| Total debt | $284.65M | $302.31M | $124.59M | $158.28M | — | -5.8% |
| Total liabilities | $372.68M | $383.02M | $194.66M | $251.66M | — | -2.7% |
| Retained earnings | -$680.77M | -$595.48M | -$580.99M | -$550.16M | — | -14.3% |
| Shareholder equity | $998.39M | $1.10B | $923.76M | $960.34M | — | -9.2% |
| Working capital | $14.60M | $18.59M | $22.08M | $21.04M | — | -21.4% |
| Net tangible assets | $998.39M | $1.10B | $923.76M | $960.34M | — | -9.2% |
| Shares issued | 163.96M | 163.96M | 150.69M | 150.67M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $91.78M | $149.45M | $131.90M | $209.19M | -38.6% |
| Stock-based compensation | $6.92M | $2.93M | $3.05M | $8.34M | +136.3% |
| Change in working capital | $803.00K | -$7.64M | -$22.75M | $10.85M | +110.5% |
| Operating cash flow | $235.38M | $223.33M | $216.92M | $327.35M | +5.4% |
| Capital expenditure | -$44.13M | -$411.72M | -$10.65M | — | +89.3% |
| Investing cash flow | -$42.11M | -$400.37M | -$21.18M | -$191.18M | +89.5% |
| Dividends paid | -$177.08M | -$162.75M | -$162.73M | -$141.60M | -8.8% |
| Financing cash flow | -$193.27M | $177.03M | -$196.24M | -$138.08M | -209.2% |
| Free cash flow | $191.25M | -$188.38M | $206.27M | $327.35M | +201.5% |
| End cash position | $0 | $0 | $0 | $524.00K | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $100.28M | $77.82M | $69.76M | $74.36M | $78.27M | — | +28.9% |
| Operating revenue | $100.28M | $77.82M | $69.76M | $74.36M | $78.27M | — | +28.9% |
| Cost of revenue | $28.52M | $27.53M | $29.90M | $29.77M | $30.02M | — | +3.6% |
| Gross profit | $71.77M | $50.29M | $39.86M | $44.60M | $48.25M | — | +42.7% |
| Selling, general & admin | $3.82M | $9.87M | $8.94M | $5.89M | $4.90M | — | -61.3% |
| Total operating expense | $3.98M | $10.21M | $8.41M | $6.27M | $5.10M | — | -61.0% |
| Operating income | $67.79M | $40.08M | $31.45M | $38.33M | $43.15M | — | +69.1% |
| Net interest income | -$4.32M | -$3.76M | -$4.72M | -$4.38M | -$4.66M | — | -14.8% |
| Pre-tax income | $72.88M | $44.67M | $18.76M | $44.07M | $12.32M | — | +63.2% |
| Tax provision | $15.92M | $9.55M | $4.68M | $9.92M | $6.08M | — | +66.6% |
| Net income | $56.96M | $35.11M | $14.08M | $34.15M | $6.24M | — | +62.2% |
| Net income to common | $56.96M | $35.11M | $14.08M | $34.15M | $6.24M | — | +62.2% |
| Basic EPS | 0.35 | 0.21 | — | 0.21 | 0.04 | 0.23 | +66.7% |
| Diluted EPS | 0.34 | 0.21 | — | 0.21 | 0.04 | 0.23 | +61.9% |
| EBIT | $77.20M | $48.43M | $23.48M | $48.45M | $16.98M | — | +59.4% |
| EBITDA | $102.50M | $73.19M | $50.59M | $75.35M | $44.27M | — | +40.0% |
| Basic shares | 163.96M | 163.96M | — | 163.96M | 163.96M | 163.96M | 0.0% |
| Diluted shares | 164.68M | 163.96M | — | 163.96M | 164.64M | 164.62M | +0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | $0 | $0 | — |
| Cash & short-term investments | — | — | — | — | $0 | $0 | — |
| Accounts receivable | $68.41M | $57.76M | $45.63M | $49.45M | $52.21M | — | +18.4% |
| Total current assets | $72.19M | $61.86M | $50.32M | $52.48M | $53.51M | — | +16.7% |
| Property, plant & equipment | $1.30B | $1.30B | $1.29B | $1.32B | $1.32B | — | +0.0% |
| Total assets | $1.40B | $1.39B | $1.37B | $1.40B | $1.41B | — | +0.7% |
| Total current liabilities | $40.07M | $35.69M | $35.71M | $32.19M | $31.50M | — | +12.3% |
| Long-term debt | $283.22M | $301.45M | $282.85M | $283.56M | $292.59M | — | -6.0% |
| Total debt | $284.90M | $303.18M | $284.65M | $284.87M | $293.95M | — | -6.0% |
| Total liabilities | $387.75M | $397.23M | $372.68M | $369.07M | $369.82M | — | -2.4% |
| Retained earnings | -$677.24M | -$689.93M | -$680.77M | -$650.59M | -$640.47M | — | +1.8% |
| Shareholder equity | $1.02B | $995.82M | $998.39M | $1.03B | $1.04B | — | +2.0% |
| Working capital | $32.12M | $26.17M | $14.60M | $20.29M | $22.01M | — | +22.7% |
| Net tangible assets | $1.02B | $995.82M | $998.39M | $1.03B | $1.04B | — | +2.0% |
| Shares issued | 163.96M | 163.96M | 163.96M | 163.96M | 163.96M | — | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $56.96M | $35.11M | $14.08M | $34.15M | $6.24M | — | +62.2% |
| Stock-based compensation | $360.00K | $4.49M | $2.73M | $2.19M | $670.00K | — | -92.0% |
| Change in working capital | -$6.27M | -$12.80M | $3.95M | $1.18M | $794.00K | — | +51.0% |
| Operating cash flow | $71.57M | $46.22M | $55.01M | $60.03M | $57.39M | — | +54.8% |
| Capital expenditure | — | -$20.01M | — | — | — | -$13.87M | — |
| Investing cash flow | -$8.81M | -$20.00M | -$9.66M | -$5.68M | -$14.94M | — | +55.9% |
| Dividends paid | -$44.27M | -$44.27M | -$44.27M | -$44.27M | -$44.27M | — | -0.0% |
| Financing cash flow | -$62.76M | -$26.22M | -$45.36M | -$54.35M | -$42.46M | — | -139.4% |
| Free cash flow | $71.57M | $26.21M | $10.88M | $60.03M | $57.39M | — | +173.0% |
| End cash position | $0 | $0 | $0 | $0 | $0 | — | — |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $352.00M | +12.3% |
| Next year | — | — | $357.00M | +1.4% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.46%
Held by institutions30.83%
Institutions holding60
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
11.71
+0.07% from price
SMA 20
12.13
-3.38% from price
SMA 50
12.34
-5.01% from price
SMA 100
12.19
-3.84% from price
SMA 200
12.21
-4.01% from price
EMA 12
11.83
-0.91% from price
EMA 26
12.08
-2.96% from price
EMA 50
12.19
-3.85% from price
RSI (14)
37.4
Neutral
MACD (12,26,9)
-0.25
Hist -0.05
ATR (14)
0.22
1.90% of price
Realised vol 30D
21.0%
Annualised
Bollinger upper
13.07
20, 2σ
Bollinger lower
11.19
20, 2σ
50 / 200 cross
Golden
12.34 vs 12.21
Trend bias
Below 200
-4.01%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.04
Less volatile than market
Correlation to SPY
-0.02
Largely independent
Realised vol 30D
21.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-16.2%
Peak to trough
Max drawdown 5Y
-43.2%
Peak to trough
ATR 14
0.22
1.90% of price
Beta (reported)
0.86
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 18, 24 | Raymond James | INITIATED | — | Market Perform |
Dividends & splits
Forward rate$0.76 / yr
Forward yield6.46%
5-year avg yield6.45%
Payout ratio115.12%
Ex-dividend dateSep 29, 2026
Next pay dateSep 15, 2026
Last split—
Split date—
Headlines
Freehold Royalties Declares Dividend for September 2026
GlobeNewswire · 22d ago
Freehold Royalties Q2 Earnings Call Highlights
MarketBeat · 67d ago
EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado
PR Newswire · 68d ago
Freehold Royalties Ltd's Dividend Analysis
GuruFocus.com · 68d ago
Freehold Royalties Ltd (FRHLF) (Q2 2026) Earnings Call Highlights: Record Revenue and FFO ...
GuruFocus.com · 69d ago
Freehold Royalties Posts Higher Earnings, Revenue for Second Quarter; Dividend Announced
MT Newswires · 70d ago
EnerCom Releases Presenter Lineup for the 31st EnerCom Denver - The Energy Investment Conference, August 17-19, 2026, in Denver, Colorado
PR Newswire · 76d ago
Freehold Royalties Declares Dividend for July 2026
GlobeNewswire · 84d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.