Q3 2021 Freehold Royalties Ltd Earnings Call Transcript

Nov 10, 2021 / 11:00PM GMT
Operator

Good afternoon, ladies and gentlemen. Welcome to the third quarter results conference call.

I would now like to turn the meeting over to Mr. David Spyker. Please go ahead.

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

Good afternoon, and thank you for joining us. On the call with me today are David Hendry, our CFO; Rob King, our VP, Business Development; and Matt Donohue, our Manager of Investor Relations and Capital Markets.

The third quarter of 2021 marked a start of a significant transformation for Freehold as the company was able to close on more than $250 million in portfolio-enhancing transactions. These transactions are focused on core U.S. and Canadian oil basins and further solidify Freehold's position as a North American royalty company.

To start this afternoon, I would like to talk about the dividend increase, and then we'll focus on the excellent operational and financial performance that we've had. With the strength in our business model, we are continuing our measured approach to setting

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