This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Enduro Royalty Trust Announces Monthly Cash Distribution

Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today a cash distribution to the holders of its units of beneficial interest of $0.140765 per unit, payable on November 15, 2012, to unitholders of record on October 31, 2012. The distribution primarily represents oil production during the month of July 2012 and natural gas production during June 2012, and includes proceeds of approximately $1.1 million related to the settlement of applicable hedge contracts.

The following table displays underlying oil and natural gas sales volumes and average prices attributable to the current month and prior month distributions.

    Underlying Sales Volumes   Average Price
Oil

(Bbls)

  Natural Gas

(Mcf)

Oil

(per Bbl)

  Natural Gas

(per Mcf)

Current Month 79,184 918,802 $ 81.62 $ 2.49
Prior Month 77,410 1,336,036 $ 76.17 $ 2.41
 

As oil and natural gas sales volumes reported to the Trust represent volumes for which Enduro Resource Partners was paid during the applicable month, reported volumes fluctuate due to the timing of cash receipts from operators. The significant decrease in natural gas production reported above was partly due to approximately 13,500 Mcf/D of natural gas volumes for prior periods that were paid to the Trust during the previous calculation period.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs