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Latest Royalty trust Stories

2014-05-23 16:22:03

DALLAS, May 23, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, a division of Bank of America, N.A., as Trustee of the Hugoton Royalty Trust (NYSE: HGT), announced that at the special meeting of the Trust's unitholders held today, the unitholders of the Trust voted to approve the proposal to appoint Southwest Bank as successor trustee to serve as trustee of the Trust once the resignation of the current Trustee of the Trust takes effect. The effective date...

2014-05-23 16:21:50

DALLAS, May 23, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today announced that the Special Meeting of the Trust's unit holders scheduled for today for the purpose of obtaining approval of the appointment of Southwest Bank as successor trustee of the Trust, was adjourned due to the lack of the requisite quorum. The Special Meeting has been adjourned until Friday, June 20, 2014 at 1:00 p.m., local time, at Shady Oaks Country Club, 320 Roaring Springs Road,...

2014-05-19 12:23:19

DALLAS, May 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.120209 per unit, payable on June 13, 2014, to unit holders of record on May 30, 2014. This month's distribution increased from the previous month due to increased oil production and lower capital expenditures and lease operating expenses on the Waddell Ranch properties. Production for the Trust's...

2014-05-19 12:23:02

DALLAS, May 19, 2014 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.296768 per unit, payable on June 27, 2014, to unitholders of record on May 30, 2014. Marine's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2014-05-19 12:22:54

DALLAS, May 19, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE - HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.263851 per unit, payable on June 13, 2014, to unitholders of record on May 30, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO...

2014-05-19 12:22:47

DALLAS, May 19, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.250407 per unit, payable on June 13, 2014, to unitholders of record on May 30, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-05-14 12:25:58

RED BANK, N.J., May 14, 2014 /PRNewswire/ -- North European Oil Royalty Trust (NYSE: NRT) reported the net income and results for the second quarter of fiscal 2014 which appear below compared with the second quarter of fiscal 2013. 2nd Fiscal Quarter 2nd Fiscal Quarter Percentage Ended 4/30/2014 Ended 4/30/2013 Change --------------- --------------- ------ Total Royalty Income...

2014-05-05 12:23:11

DALLAS, May 5, 2014 /PRNewswire/ -- U.S. Trust, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.39808 per unit, payable on May 29, 2014, to unit holders of record on May 15, 2014. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website...

2014-04-30 16:24:04

RED BANK, N.J., April 30, 2014 /PRNewswire/ -- The Trustees of North European Oil Royalty Trust (NYSE: NRT) today announced a quarterly distribution of $0.56 per unit for the second quarter of fiscal 2014, payable on May 28, 2014 to holders of record on May 15, 2014. Natural gas sold during the first calendar quarter of 2014 is the primary source of royalty income on which the May 2014 distribution is based. John R. Van Kirk, Managing Director, reported that this year's quarterly...

2014-04-23 12:22:41

DALLAS, April 23, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, a division of Bank of America, N.A., as Trustee of the Hugoton Royalty Trust (NYSE - HGT) (the "Trust"), today announced receipt of the final arbitration ruling in the Trust's arbitration proceeding against XTO Energy, Inc. As previously reported, the arbitration involved the Trustee's disagreement with XTO Energy that all or any portion of the $37 million settlement reached by XTO Energy on...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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