Gulf Coast Ultra Deep Royalty Trust (GULTU) Research
Gulf Coast Ultra Deep Royalty Trust is structured as a statutory trust. Its primary asset is a 5% gross overriding royalty interest, which is derived from future production generated by McMoRan Oil & Gas LLC's lower tertiary/cretaceous exploration prospects. These prospects are situated in both the shallow waters of the Gulf of Mexico and various onshore locations throughout South Louisiana. The trust's corporate headquarters are located in Houston, Texas.
Market snapshot
- Symbol
- GULTU
- Price
- $0.05
- Day change
- +5.84%
- Market cap
- $11.0M
- P/E ratio
- -49.34x
- 52-week range
- 0.023-0.08
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
Recent insider activity
- SUBIN NEIL S — S-Sale (590891 shares) on 2024-11-27
- Montex Highlander, LLC — trade (0 shares) on 2023-05-30
- Magnolia Oil & Gas Corp — S-Sale (31143150 shares) on 2023-05-30
- SUBIN NEIL S — S-Sale (13436 shares) on 2023-01-27
- SUBIN NEIL S — S-Sale (1429 shares) on 2023-01-27
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