Gulf Coast Ultra Deep Royalty Trust (GULTU) Form 10-Q — May 13, 2026
Gulf Coast Ultra Deep Royalty Trust reported no distributable income for the three-month period ended March 31, 2026, due to the abandonment of its sole producing well in 2024. The trust has an outstanding note payable to HOGA of $416,489. The trust's administrative expenses for the quarter were $115,911, which were higher compared to the same period in 2025 when no administrative expenses were reported. The trust has a reserve fund cash balance of $1,072,564 and a total asset value of $1,093,183 as of March 31, 2026.
Key figures
- Eps
- 0
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 0
- Total Debt
- 416489
- Revenue Yoy
- 0
- Cash Position
- 20619
- Shares Outstanding
- 230172696
- Reserve Fund Cash
- 1072564
- Administrative Expenses
- 115911
Price after filing
Close on the filing date to close N calendar days later (from $0.04). Historical, not a forecast.
AI analysis
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