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The Company operates as a grantor trust.
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PilotF22 (99.18) Submitted: 3/17/08 3:54 PM : Start Price: $86.88 BPT Score: 17.60
Ok, this one is on the "cher" side, meaning expensive, but its got a nice yeild, can you find less expensive energy companies-- yes --- but I like the position this one is in---Its a trust that has an overriding royalty interest of approximately 16% of the first 90,000 barrels (daily) of the business unit's drilling. That's not a bad deal.
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