Torch Energy Royalty Trust
NYSE: TRU
1221 Lamar, Ste. 1600
Houston, TX 77010-3039
Ph: 713-753-1548
Fx: 713-753-1537
Torch Energy Royalty Trust is a royalty trust that owns and operates oil and gas properties in Texas,
Alabama, and Louisiana. The company holds a 16% working interest in Chalkey Field in Cameron
Parish, Louisiana, which has 6 oil wells producing from a depth in excess of 14,000 feet. It holds a
43% working interest in Robinson's Bend Field in the Black Warrior Basin of Alabama, which
produces coal seam gas. Torch Energy Royalty Trust holds a 51% working interest in 41 oil wells at 4
fields in the Upper and Lower Cotton Valley formations in Texas. It also holds a 19% working interest
in 96 oil wells in the Austin Chalk Fields in central Texas.
Source: Hoover's, Inc.
Torch Energy Royalty Trus NYSE : TRU
Address: 1100 North Market Financial Links
Street ú Company News
Wilmington, DE 19890 ú Research Report
Phone: (302) 651-8584 ú Latest Stock Price
Industry: Misc. Financial ú raw SEC Filings
Services
Sector: Financial Company's Web Presence
Officers: Bruce L. Bisson, VP. ú Home Page
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Business Summary
Torch Energy Royalty Trust holds the net profit interest, receives
payments from TRC and Velasco, and makes payments to unitholders. For
the six months ended 6/30/97, revenues decreased 5% to $8.8 million.
Distributable income decreased 5% to $8.4 million. Results suffered
from a decline in oil and gas production attributable to the
Underlying Properties. Results also reflect lower interest income, and
higher S/G/A expenses as a percentage of revenues.
Statistics at a Glance -- TRU Last Updated: Nov 28, 1997
Price and Volume
(updated Nov 28, 1997)
52-Week Low
$7.125
Recent Price
$7.125
52-Week High
$11.75
Beta
0.31
Daily Volume
(3-month avg)
46.3K
Share-Related Items
Market
Capitalization
$61.3M
Shares
Outstanding
8.60M
Float
8.10M
Dividend Information
Annual Dividend
(indicated)
$1.69
Dividend Yield
23.72%
Per-Share Data Management Effectiveness
Book Value Return on
(mrq) $13.33 Assets (ttm) 13.41%
Earnings (ttm) $1.90 Return on
13.43%
Sales (ttm) $1.98 Equity (ttm)
Cash (mrq) $0.00 Financial Strength
Valuation Ratios Current Ratio N/A
Price/Book Total
(mrq) 0.53 Debt/Equity 0
(mrq)
Price/Earnings
(ttm) 3.76 Stock Performance
Price/Sales [one-year price graph]
(ttm) 3.61
Income Statements big chart [3 mo | 1 yr |
2 yr | 5 yr]
Net Income
(ttm) $16.3M
Sales (ttm) $17.0M
Profitability
Profit Margin
(ttm) 96%
K = thousands; M = millions; mrq = most-recent quarter;
ttm = trailing twelve months through June 30, 1997 |
