The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Financial Services > Royalty Trusts > Torch Energy Royalty Trust

Torch Energy Royalty Trust
NYSE: TRU
Change
symbol:
     
 PROFILE
The investors in Torch Energy Royalty Trust probably won't light an eternal flame in remembrance when the gas is all gone. The trust distributes to shareholders the royalties from natural gas properties (plus a few oil wells) in which it owns stakes. The trust's gas fields include over 475 operating wells in Texas, Alabama, and Louisiana. As a grantor trust, Torch Energy does not have to pay federal income tax; instead, the shareholders who receive quarterly royalties are taxed directly. Torch Energy Royalty Trust is set to terminate by 2012, unless the value of proved oil and gas reserves falls below $25 million before that time.

 COMPETITION
Dominion Resources Black Warrior Trust (DOM)
Permian Basin Royalty Trust (PBT)
Sabine Royalty Trust (SBR)

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13.20
1-Yr. Sales Growth: 29.4%

 CONTACT INFO
1100 N. Market St.
Wilmington, DE 19890
US
Phone: 302-651-8775
Fax: 302-651-1079
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001