Energy Assets

Energy-Assets Photo: : Marcellus Shale, Pennsylvania

Franco-Nevada has owned and invested in energy assets since inception. While gold and gold equivalents are our focus, energy investments allow us to be opportunistic through the commodity cycles, adding growth and diversity to our portfolio. Energy revenue was 9.0% of Franco-Nevada’s overall revenue in 2020. Similar to the gold industry, the energy sector has many active participants from senior to junior companies which provides a broad range of royalty opportunities.

Until 2016, Franco-Nevada’s focus was primarily on the Western Canadian Sedimentary Basin. Starting in late 2016, we added exposure to the SCOOP/STACK basins in Oklahoma, and the Midland/Delaware basins in Texas due to their attractive economics, favourable regulatory environment and access to market. In the last two years the energy additions to the portfolio have been in natural gas. In 2019, we added royalty assets in the Marcellus shale in Appalachia, and in late 2020 a portfolio of royalties in the Haynesville shale in East Texas.

Major Producing Assets

United States SCOOP/STACK (Continental)
Permian Basin
Continental Resources
Canada Weyburn Unit
Whitecap Resources
Osum Oil Sands