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Enduro Royalty Trust Message Board

  • bighairybutt bighairybutt Dec 29, 2013 12:17 PM Flag

    Seeking Alpha article gives insight into the dynamic behind R/T sell off

    Dated the 12/29. This article addresses Termination Trusts which I personally never invest in however I believe the same factors affect this all R/T's trusts. Nothing is for certain in this market, but I would much rather own NDRO, Mesa, Permian, Cross Timbers and Sabine and Argent(ANGYF) at this point the the Stock Market which by many measurements is at the most overbought levels since the 1999 market top. He is the title line:

    Oil & Gas Royalty Trusts - Opportunities Or Value Traps?

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    • I'm in. Took awhile to do the proper DD, but I am willing to take a position at $12.00 in light of everything I have been able to research. Thanks to all who presented pros and cons here in the past.

    • Agree that the perpetual trusts are more desirable than the fixed drilling obligation variety. Interestingly, the author who is the one who in the past wrote articles estimating the value of future distributions for those trusts and who many blame for the resulting selloffs, now takes the position that they are all undervalued (at least until the next round of drilling result reports in Feb/March). It's very plausible that the problems with those fixed drilling obligation type of trusts has caused even the perpetual trusts to be unfairly tarred by people who don't understand the difference.

 
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