royalty trust


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Royalty Trust

A corporate structure for companies involved in oil, gas, mining, or similar industries. In a royalty trust, profits are not subject to corporate taxation, provided that at least 90% are distributed as dividends to shareholders. Royalty trusts prevent double taxation of dividends. Royalty trusts are generally publicly traded and their shares behave just like ordinary stocks. They exist in both Canada and the United States. T. Boone Pickens created the first royalty trust in 1979.

royalty trust

An ownership interest in certain assets, generally crude oil or gas production and real estate. Unlike the usual corporate organization, a trust arrangement permits income and tax benefits to flow through to the individual owners. Thus, some investors argue that a trust produces more value for the owners.
References in periodicals archive ?
A royalty trust is a legal entity established as income-producing vehicle to purchase royalty interests (profit interests) in mature, low-risk natural resource (e.
A royalty trust is a legal entity that purchases profit interests (interests that pass through profits, but not losses) in mature, low-risk, natural resource working properties (such as oil and gas).
com), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a detailed report on energy trusts, including San Juan Basin Royalty Trust (NYSE: SJT), Hugoton Royalty Trust (NYSE: HGT), Permian Basin Royalty Trust (NYSE: PBT), Sabine Royalty Trust (NYSE: SBR), Penn West Energy Trust (NYSE: PWE), and others.
FORT WORTH, Texas -- Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $10,348,217.
26, 2014 /PRNewswire/ -- Hugoton Royalty Trust (NYSE: HGT) today announced the new contact information for the Trust following the change of Trustee.
The AIF contains the statement and reports relating to reserves data and other oil and natural gas information required pursuant to the Canadian Securities Administrators' National Instrument 51-101 for both Harvest and Viking Energy Royalty Trust.
26, 2014 /PRNewswire/ -- Cross Timbers Royalty Trust (NYSE: CRT) today announced the new contact information for the Trust following the change of Trustee.
Petrofund Energy Trust is a Calgary based royalty trust that acquires and manages producing oil and gas properties in Western Canada.
UN) (NYSE:HTE) ("Harvest" or the "Trust") today announces that as a result of the completion of the Plan of Arrangement with Viking Energy Royalty Trust ("Viking"), there are now 26,902 exchangeable shares of Harvest Operations Corp.
Gulf Coast Ultra Deep Royalty Trust will begin trading today on OTCQX U.
CALGARY, Alberta -- Freehold Royalty Trust (TSX:FRU.