Sat, Sep 20, 2014, 10:59 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Enduro Royalty Trust Message Board

  • santafenm1 santafenm1 Aug 23, 2013 9:13 AM Flag

    Natural Gas price

    So, they got only $780K for future 258K Mcf of Natural gas i.e. about $3.02 per Mcf. But excluding this the average Natural gas prices for April was 4.03 per Mcf

    So, they sold future Natural Gas for 25% discount to current prices. Perhaps because of prepayment ahead of delivery and in anticipation of falling Natural Gas prices.

    The significant increase in natural gas production reported above was due to approximately 258,000 Mcf that was paid by an operator during the current calculation period for 23 months of production from a well in north Louisiana. This resulted in $780,000 in additional natural gas revenues during the calculation period. Excluding this adjustment, realized natural gas prices for April production were $4.03 per Mcf.

    Sentiment: Hold

11.95-0.20(-1.65%)Sep 19 4:02 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.