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NDRO Enduro Royalty Trust Trust Units Representing Beneficial Interest IN The Trust

3.65
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enduro Royalty Trust Trust Units Representing Beneficial Interest IN The Trust NYSE:NDRO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.65 0 01:00:00

Enduro Royalty Trust Provides Updated Tax Information

26/03/2015 11:09pm

Business Wire


Enduro Royalty Trust Trust Units Representing Beneficial Interest IN The Trust (NYSE:NDRO)
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Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced that it has published a revised 2014 tax information booklet on the Trust’s website. The tax information booklet has been revised from the previous version, which was made available to investors on March 9, 2015. The revision was necessary to correct Part A of the depletion worksheet, which assists investors with determining the appropriate depletion deduction for 2014. The previous version of Part A of the depletion worksheet provided Texas, Louisiana, and New Mexico cost and percentage depletion factors for the month of January only as opposed to the full year.

The following table provides details of the revision:

      Cost Depletion Factor       Percentage Depletion per Unit       Original     As Revised       Original     As Revised Texas     0.005757     0.043871       0.008678     0.064586 Louisiana     0.010996     0.060460       0.003496     0.023420 New Mexico     0.010461     0.072853       0.007338     0.053079 Federal     0.056319     0.056319       0.019511     0.141085                  

There were no revisions to any other portion of the tax information booklet.

Tax Inquiries

Investors may direct any inquiries regarding the tax information provided to the Trust’s tax information line at (512) 236-6545.

About Enduro Royalty Trust

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Resource Partners to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro Resource Partners’ properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission, the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.enduroroyaltytrust.com.

Cautionary Statements

An investment in units issued by Enduro Royalty Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on March 12, 2015. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

Enduro Royalty TrustThe Bank of New York Mellon Trust Company, N.A., as TrusteeSarah Newell, 1 512-236-6555

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