The Trust is a grantor trust formed to acquire and hold certain overriding royalty interests burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama owned by the Company.
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Fool UK
Recs
Following TSIF and dividend.
Jasenj1, I upthumbed DOM.L not DOM.
DOM.L is Dominos Pizza UK which took a large hit this week because of decreasing sales in Ireland. The CAPS system has a bug and you can't pitch the .L equities, probably because, it, (like you, :)) can't differentiate.
In this case their was a US listing with the same name without the .L, so I see the confusion. You do want to read up when I pitch, or be careful.
I see a few others who made similar mistakes. I haven't done well on my London based picks. They are hard to follow and research. In this case Dominos UK has been increasing sells and the the Ireland stores are only about 25% of the total population.
In the case of Dominion Resources, I have looked at it and a few other trusts in the past. Unlike GNI which has a hard expiration date in about 5 years, Dominion doesn't have as hard of a closure, but on my last review, the natural gas is depleting and there are no plans to replinish with new wells on the property. If NG prices rise this will still do well, and I do like the dividend since my personal opinion is that the market is getting toppy in the short run. It might lower your cost average, (Caps way of recording dividends) enough to make it a good play, but not a great one.
Good luck! Sorry for the confusion.