Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Momentum Rank : 0 (As of Apr. 30, 2024)

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What is Gulf Coast Ultra Deep Royalty Trust Momentum Rank?

Gulf Coast Ultra Deep Royalty Trust has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, 16th Floor, Houston, TX, USA, 77002

Website

https://gultu.q4web.com

Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.

Executives

Magnolia Oil & Gas Corp	10 percent owner	NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Montex Highlander, Llc	10 percent owner	420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Freeport Mcmoran Copper & Gold Inc	10 percent owner	333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Highlander Oil & Gas Assets Llc	10 percent owner	NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046
Miller Lloyd I Iii	10 percent owner
Mount Kellett Capital Management Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp.	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Mk Advisors Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496

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