Enduro Royalty Trust Announces Monthly Cash Distribution

Enduro Royalty Trust (NYSE: NDRO) announced today a cash distribution to the holders of its units of beneficial interest of $0.142435 per unit, payable on March 14, 2012, to unitholders of record on February 29, 2012. The distribution primarily represents oil production during the month of November 2011 and natural gas production during October 2011, and includes the proceeds from 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   Natural Gas Oil   Natural Gas
(Bbls) (Mcf) (per Bbl) (per Mcf)
Current Month 83,844 950,978 $ 93.99 $ 3.93
Prior Month 91,431 817,344 $ 83.24 $ 4.11

Capital expenditures included in the net profits calculation during the period were approximately $1.9 million.

If you liked this article you might like

Exxon, Chevron Shares Climb Late as Oil Rebounds Off 2017 Low

3 Stocks With Upcoming Ex-Dividend Dates: NDRO, IRT, COKE

3 Stocks Going Ex-Dividend Tomorrow: NDRO, DCUC, WIN

Dividend Watch: 3 Stocks Going Ex-Dividend Thursday: NDRO, CLDT, CPG

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: NDRO, TLP, EDR