OTCM
GULTU
Market cap8mUSD
Jul 09, Last price
0.04USD
1D
5.15%
1Q
11.59%
Jan 2017
-73.45%
IPO
-98.25%
Name
Gulf Coast Ultra Deep Royalty Trust
Chart & Performance
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Profile
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.
Valuation
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