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Gulf Coast Ultra Deep Royalty Trust is structured as a statutory trust. Its primary asset is a 5% gross overriding royalty interest, which is derived from future production generated by McMoRan Oil & Gas LLC's lower tertiary/cretaceous exploration prospects. These prospects are situated in both the shallow waters of the Gulf of Mexico and various onshore locations throughout South Louisiana. The trust's corporate headquarters are located in Houston, Texas.

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $0.05 and traded as high as $0.0550. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.0525, with a volume

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU - Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 116,294 shares, an increase of 24.0% from the December 15th total of 93,761 shares. Based on an average daily volume of 628,601 shares,

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU - Get Free Report) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $0.03 and traded as high as $0.0313. Gulf Coast Ultra Deep Royalty Trust shares last traded at $0.0313, with a volume of

HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will not make a cash distribution for the quarter ended September 30, 2023 to unitholders of record on October 30, 2023. Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended September 30, 2023 are set forth in the table below: Natural gas (Mcf) sales volumes (a) 770 Natural gas (per Mcf) average sales pri.

HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will not make a cash distribution for the quarter ended June 30, 2023 to unitholders of record on July 28, 2023. Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended June 30, 2023 are set forth in the table below: Natural gas (Mcf) sales volumes (a) 14,231 Natural gas (per Mcf) average sales price $ 2.43 .