Today’s Stock Alert: Enduro Royalty Trust Sentiment Increases on Better Stock Potential

November 16, 2016 - By Peter Erickson   ·   0 Comments

Today's Stock Alert: Enduro Royalty Trust Sentiment  Increases on Better Stock Potential

Sentiment for Enduro Royalty Trust (NYSE:NDRO)

Enduro Royalty Trust (NYSE:NDRO) institutional sentiment increased to 1.29 in 2016 Q2. Its up 0.79, from 0.5 in 2016Q1. The ratio is better, as 9 investment professionals increased and started new equity positions, while 7 sold and trimmed holdings in Enduro Royalty Trust. The investment professionals in our partner’s database reported: 18.95 million shares, down from 18.95 million shares in 2016Q1. Also, the number of investment professionals holding Enduro Royalty Trust in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 4 Increased: 5 New Position: 4.

Enduro Royalty Trust is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The company has a market cap of $108.92 million. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest). It has a 11.53 P/E ratio. The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties.

It is down 6.35% since April 14, 2016 and is uptrending. It has outperformed by 1.66% the S&P500.

According to Zacks Investment Research, “Enduro Royalty Trust is formed by Enduro Sponsor to earn net profits interest from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana and New Mexico. Enduro Royalty Trust is based in Austin, Texas.”

Riverstone Holdings Llc holds 1.88% of its portfolio in Enduro Royalty Trust for 8.60 million shares. Botty Investors Llc owns 607,531 shares or 1.29% of their US portfolio. Moreover, Carlyle Group L.P. has 0.56% invested in the company for 8.60 million shares. The New Jersey-based Lucas Capital Management has invested 0.38% in the stock. Rr Advisors Llc, a Texas-based fund reported 258,000 shares.#img1#

NDRO Company Profile

Enduro Royalty Trust (the Trust), incorporated on May 3, 2011, is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest). The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties. Enduro is engaged in the production and development of oil and natural gas from properties located in the Rockies, the Permian Basin of west Texas and southeastern New Mexico, and the Arklatex region of Texas and Louisiana.

More recent Enduro Royalty Trust (NYSE:NDRO) news were published by: Marketwatch.com which released: “Enduro Royalty Trust downgraded to sell from hold at Stifel Nicolaus” on November 05, 2011. Also Seekingalpha.com published the news titled: “Enduro Royalty Trust Pays Solid 10% Distiribution” on January 29, 2014. Equitiesfocus.com‘s news article titled: “Enduro Royalty Trust (NYSE:NDRO) Quarterly EPS From Continuing Operations …” with publication date: November 15, 2016 was also an interesting one.

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By Peter Erickson


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