Tel Offshore Trust (Tel Offshore Trust) Change In Prepaid Assets : $0.00 Mil (TTM As of Mar. 2017)

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What is Tel Offshore Trust Change In Prepaid Assets?

Tel Offshore Trust's Change In Prepaid Assets for the quarter that ended in Mar. 2017 was $0.00 Mil. It means Tel Offshore Trust's Prepaid Assets stayed the same from Dec. 2016 to Mar. 2017 .

Tel Offshore Trust's Change In Prepaid Assets for the fiscal year that ended in Dec. 2016 was $0.00 Mil. It means Tel Offshore Trust's Prepaid Assets stayed the same from Dec. 2015 to Dec. 2016 .

Tel Offshore Trust Change In Prepaid Assets Historical Data

The historical data trend for Tel Offshore Trust's Change In Prepaid Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tel Offshore Trust Change In Prepaid Assets Chart

Tel Offshore Trust Annual Data

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Change In Prepaid Assets

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Tel Offshore Trust Quarterly Data
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Tel Offshore Trust Change In Prepaid Assets Calculation

Change In Prepaid Assets is any increase or decrease between periods of the prepaid assets.

Change In Prepaid Assets for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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Tel Offshore Trust (Tel Offshore Trust) Business Description

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Tel Offshore Trust was created under the laws of the State of Texas in 1983 and maintains its offices at the office of The Bank of New York Mellon Trust Company, N.A. The main asset of the Trust consists of a 99.99% interest in the TEL Offshore Trust Partnership and royalty interest in various oil and gas properties located offshore of Louisiana. The Trustees distribute the Trust's income pro rata for each calendar quarter within 10 days after the end of each calendar quarter. Distributions of the Trust's income are made to Unit holders of record on the Quarterly Record Date, which is the last business day of each quarterly period, or such later date as the Trustees determine is required to comply with legal requirements. Each Unit is evidenced by a transferable certificate issued by the Corporate Trustee. Each unit ranks equally as to distributions, has one vote on any matter submitted to Unit holders and represents an undivided interest in the Trust, which in turn owns a 99.99% interest in the Partnership. Within 90 days of the close of each year, the net federal taxable income of the Trust for each quarterly period ending in such year is reported by the Trustees for federal tax purposes to the Unit holder of record to whom the Quarterly Income Amount was distributed.

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