Dominion Resources Black Warrior Trust(OTC) DOMR

Dominion Resources Black Warrior Trust operates as a grantor trust in the United States, focusing on acquiring and holding overriding royalty interests in proven natural gas properties. The trust primarily operates in Alabama's Black Warrior Basin, specifically in Tuscaloosa County, and has been active since its founding in 1994.

Products and Services

• Acquisition of overriding royalty interests in natural gas properties
• Management of proven natural gas wells
• Investment in the Pottsville coal formation

Growth Outlook

• Significant assets include 34,212 gross acres of land
• 502 operational natural gas wells enhance production capacity
• Strategic location in a resource-rich area supports future growth

Financial Highlights

• Recent quarterly revenue of 4, indicating operational activity
• Trailing twelve months (TTM) net profit margin of 82.81%
• Current ratio of 1.10 suggests solid liquidity position

Dominion Resources Black Warrior Trust has established itself as a key player in the natural gas sector, particularly within the Black Warrior Basin. The trust's focus on acquiring and managing royalty interests positions it well for potential growth, especially given the significant assets and operational wells it oversees. The recent financial performance indicates a strong profit margin, reflecting effective management of resources and operational efficiency. The current ratio further underscores the trust's ability to meet short-term obligations, making it an intriguing option for investors interested in the energy sector.