Danaher Corp. Stock Rises Thursday, Outperforms Market

Freehold Royalties Ltd

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Energy : Oil, Gas & Consumable Fuels | Small Cap Growth
Based in Canada

Company profile

Freehold Royalties Ltd. is a Canada-based oil and gas royalty company. The Company’s assets are located in five provinces in Canada and eight states in the United States (US). Its primary focus is to acquire and actively manage royalties, while providing a lower risk income vehicle for its shareholders. The Company has independently owned portfolios of royalty lands in North America. With land holdings totaling more than 6.2 million gross acres in Canada and 0.8 million gross drilling unit acres in the United States. The Company operates through its geographical locations: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; the U.S., which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota.

Danaher Corp. Stock Rises Thursday, Outperforms Market

4:50 pm ET May 25, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Danaher Corp. (DHR) rose 1.20% to $230.45 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.

The stock's rise snapped a two-day losing streak.

Danaher Corp. closed $73.37 short of its 52-week high ($303.82), which the company reached on August 15th.

Trading volume (3.4 M) eclipsed its 50-day average volume of 3.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 25, 2023 16:50 ET (20:50 GMT)