As a leading royalty oil and gas company, Freehold's objective is to deliver growth and lower risk attractive returns to shareholders over the long term. Freehold accomplishes this by:
Creating Value
- Drive oil and gas development on our lands through our lease out programs
- Acquire quality assets with acceptable risk profiles and long economic life
- Generate gross overriding royalties for revenue growth
Enhancing Value
- Maximize our royalty interests through a comprehensive audit program
- Manage our debt prudently with a target of below 1.5 times net debt to funds from operations
Delivering Value
- Target a dividend payout ratio of ~60%