May 11, 2023 / 01:00PM GMT
Operator
Good morning, ladies and gentlemen, and welcome to the first quarter results conference call.
I would now like to turn the meeting over to Mr. David Spyker. Please go ahead, Mr. Spyker.
David Michael Spyker - Freehold Royalties Ltd. - President, CEO & Director
Good morning, and thank you for joining us today. On the call from Freehold are David Hendry, our CFO; and Rob King, our COO. We're off to gig starts for 2023 with operational momentum carrying over from a record year in 2022. Production of 14,724 BOE per day was up 8% over the first quarter of 2022 and in line with our expectations.
The production of 9,822 BOE per day was modestly up over the previous quarter and was the highest quarterly average since Q1 2020. The resiliency of our Canadian production is a testament to the quality of our land as we were only making minor early-stage investments over the past 3 years with our team primarily focused on new developments, leasing and optimization efforts on our Canadian acreage.
Production from our U.S. assets averaged
Q1 2023 Freehold Royalties Ltd Earnings Call Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers