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Enduro Royalty Trust IPO Advisory

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For IPO Boutique's "scale of 1 to 5" BUY rating on Enduro Royalty Trust, and our comprehensive analysis, click "Buy Market Research".
Company
Symbol
Price Range
Issue Price
Open
Shares
Trade Date
Enduro Royalty TrustNDRO -
NYSE
Last trade $15.02 $22.00 $21.7511.2 million9/27/2013
Barclays Capital, Citigroup, Goldman Sachs & Co., J.P. Morgan, RBC Capital Markets, Wells Fargo Securities
Co-Manager(s):
Energy
Filing(s):




Enduro Royalty Trust Quote & Chart - Click for current quote - NDRO

About Enduro Royalty Trust (adapted from Enduro Royalty Trust prospectus):
They are a Delaware statutory trust formed in May 2011 by Enduro Sponsor 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 properties in the states of Texas, Louisiana and New Mexico held by Enduro Sponsor as of the date of the conveyance of the net profits interest to the trust.

This description is adapted from Enduro Royalty prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.



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