Freehold Royalties Announces Third Quarter 2026 Results and Expansion into the Duvernay

Freehold Royalties Ltd. reported third-quarter 2026 production of 15,758 boe/d, with a 65% liquids weighting, and royalty revenue of $100 million. The company highlighted record gross drilling activity on its lands, particularly in the Permian basin, which accounted for 82% of its U.S. gross wells. Additionally, Freehold announced an agreement to acquire a 3% gross overriding royalty interest in the West Duvernay on lands operated by Refraction Energy Corp. The transaction is expected to close in the fourth quarter of 2026, with an initial $20 million payment due upon closing and subsequent tranches phased over 2027 and 2028.