Gulf Coast Ultra Deep Royalty Trust Announces Quarterly Cash Distribution
GULF COAST ULTRA D/R UNIT (GULTU)
US:NASDAQ Investor Relations:
gultu.investorhq.businesswire.com
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will distribute to unitholders a cash distribution totaling $25,391 for the quarter ended September 30, 2020.Unitholders of record on October 30, 2020 will receive a cash distribution of $0.000110 per unit payable on November 13, 2020.Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended September 30, 2020 are set forth in the table below:Natural gas (Mcf) sales volumes (a) 130,604 Natural gas (per Mcf) average sales price $1.59 Gross proceeds $207,960 Post-production costs and specified taxes (44,356) Royalty income 163,604 Interest and dividend income 23 Administrative expenses (138,236) Income in excess of administrative expenses 25,391 Cash proceeds available for distribution $25,391 (a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial p
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Sec Filings
- 3/28/24 - Form 10-K
- 2/1/24 - Form SC
- GULTU's page on the SEC website