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DOMR

OTC
0.000099999997 USD
0
0%
Last update Mar 24, 2:19 PM EDT
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0.000099999997
0.000099999997
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0.000099999997
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Dominion Resources Black Warrior Trust
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Overview

Description

Dominion Resources Black Warrior Trust is a unique financial entity structured as a royalty trust. Its primary function is to manage and distribute financial benefits derived from natural gas production rights held in the Black Warrior Basin of Alabama. The trust was established to convert operational cash flows from these energy resources into dividend distributions for stakeholders, offering them returns tied directly to the market performance of natural gas. It plays a significant role in the energy sector, providing transparency and passive income opportunities to investors attracted to natural resources. Dominion Resources Black Warrior Trust serves as an efficient vehicle for investors to gain financial exposure to the energy production market without direct operational involvement. The trust's existence underscores the importance of resource management and financial structuring in maximizing the value extracted from energy assets, thereby contributing to the broader fossil fuel industry and its role in global energy supply chains.

About

CEO
Employees
0
Address
2911 Turtle Creek Boulevard
Suite 850
Dallas, 75219, TX
United States
Phone
855 588 7839
Instrument type
Unit
Sector
Financial Services
Industry
Mortgage Finance
Country
United States
MIC code
PINX
Market closed

Exchange is currently closed
Pre-market opens in 2 days 10 hours 40 minutes

19:19
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).