Gary Bugeaud - Freehold Royalties Independent Director

FRU Stock  CAD 13.93  0.02  0.14%   

Director

Mr. Gary R. Bugeaud is an Independent Director of Freehold Royalties Ltd. Mr. Gary Bugeaud is a Corporationrationrate Director and former corporate lawyer with over 23 years of legal experience focused on securities, corporate finance, mergers and acquisitions, and corporate governance matters. He was a director or corporate secretary of approximately 20 publicly traded entities. Mr. Bugeaud has a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of Saskatchewan. Mr. Bugeaud holds the ICD.D designation from the Institute of Corporationrationrate Directors. since 2015.
Age 57
Tenure 9 years
Address 517 ? 10th Avenue Southwest, Calgary, AB, Canada, T2R 0A8
Phone403 221 0802
Webhttps://www.freeholdroyalties.com

Freehold Royalties Management Efficiency

The company has return on total asset (ROA) of 0.1009 % which means that it generated a profit of $0.1009 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1441 %, meaning that it generated $0.1441 on every $100 dollars invested by stockholders. Freehold Royalties' management efficiency ratios could be used to measure how well Freehold Royalties manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Capital Employed is likely to grow to 0.27, while Return On Tangible Assets are likely to drop 0.09. At this time, Freehold Royalties' Other Current Assets are very stable compared to the past year. As of the 2nd of December 2024, Debt To Assets is likely to grow to 0.17, while Total Assets are likely to drop about 617.8 M.
Freehold Royalties has accumulated 124.59 M in total debt with debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from borrowing. Freehold Royalties has a current ratio of 1.92, which is within standard range for the sector. Debt can assist Freehold Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Freehold Royalties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Freehold Royalties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freehold to invest in growth at high rates of return. When we think about Freehold Royalties' use of debt, we should always consider it together with cash and equity.

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Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada and the United States. The company was founded in 1996 and is based in Calgary, Canada. FREEHOLD ROYALTIES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. Freehold Royalties (FRU) is traded on Toronto Exchange in Canada and employs 20 people. Freehold Royalties is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Freehold Royalties Leadership Team

Elected by the shareholders, the Freehold Royalties' board of directors comprises two types of representatives: Freehold Royalties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freehold. The board's role is to monitor Freehold Royalties' management team and ensure that shareholders' interests are well served. Freehold Royalties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freehold Royalties' outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan MacKenzie, Independent Director
Robert Lamond, Vice-President - Asset Development
Marvin Romanow, Independent Chairman of the Board
Michael Mogan, Controller
Karen Taylor, Corporate Secretary
Brianna Guenther, General Secretary
David Spyker, Interim President, Chief Executive Officer
J Kay, Independent Director
Susan Nagy, Vice Development
JMatt Donohue, Manager, Investor Relations
Lisa Farstad, Vice President - Corporate Services
Robert King, Vice President - Business Development
Michelle Cooze, General Secretary
Michael Stone, Vice-President of Land
David Hendry, Chief Financial Officer, Vice President - Finance
Peter Harrison, Director
Gary Bugeaud, Independent Director
Thomas Mullane, CEO and President and Non-Independent Director
Arthur Korpach, Independent Director
Aidan Walsh, Independent Director

Freehold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Freehold Royalties a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Freehold Royalties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freehold Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freehold Royalties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freehold Stock

  0.67ENB-PFV Enbridge Pref 5PairCorr
  0.71ENB-PFU Enbridge Pref LPairCorr

Moving against Freehold Stock

  0.55DII-B Dorel IndustriesPairCorr
  0.51TC Tucows IncPairCorr
  0.43SAGE Sage Potash CorpPairCorr
  0.31SLF-PH Sun Lif NonPairCorr
The ability to find closely correlated positions to Freehold Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freehold Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freehold Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freehold Royalties to buy it.
The correlation of Freehold Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freehold Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freehold Royalties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freehold Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Freehold Stock

Freehold Royalties financial ratios help investors to determine whether Freehold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Freehold with respect to the benefits of owning Freehold Royalties security.