Headlines about Enduro Royalty Trust (NYSE:NDRO) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enduro Royalty Trust earned a news impact score of 0.30 on Accern’s scale. Accern also assigned news headlines about the oil and gas producer an impact score of 45.9771804315032 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Enduro Royalty Trust (NYSE:NDRO) traded down $0.05 during midday trading on Friday, hitting $3.20. 68,331 shares of the stock traded hands, compared to its average volume of 67,719. Enduro Royalty Trust has a 12-month low of $2.75 and a 12-month high of $4.45. The company has a market cap of $105.60, a price-to-earnings ratio of 10.32 and a beta of 0.45.
The business also recently declared a monthly dividend, which was paid on Wednesday, February 14th. Investors of record on Wednesday, January 31st were issued a $0.018 dividend. This is an increase from Enduro Royalty Trust’s previous monthly dividend of $0.02. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.75%. The ex-dividend date of this dividend was Tuesday, January 30th. Enduro Royalty Trust’s payout ratio is 70.97%.
Separately, Zacks Investment Research lowered shares of Enduro Royalty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th.
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Enduro Royalty Trust Company Profile
Enduro Royalty Trust (the Trust) is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest).
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