Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.10 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

tel offshore trust (TELOZ) Snapshot

Open
$0.10
Previous Close
$0.10
Day High
$0.10
Day Low
$0.10
52 Week High
09/4/14 - $0.60
52 Week Low
12/2/14 - $0.10
Market Cap
475.2K
Average Volume 10 Days
1.6K
EPS TTM
--
Shares Outstanding
4.8M
EX-Date
09/25/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TEL OFFSHORE TRUST (TELOZ)

Related News

No related news articles were found.

tel offshore trust (TELOZ) Related Businessweek News

No Related Businessweek News Found

tel offshore trust (TELOZ) Details

TEL Offshore Trust, through its interest in TEL Offshore Trust Partnership, owns overriding royalty interest in various oil and gas properties located offshore Louisiana. The company was founded in 1983 and is based in Austin, Texas.

Founded in 1983

tel offshore trust (TELOZ) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

tel offshore trust (TELOZ) Key Developments

Tel Offshore Trust Reports Capital Expenditure and Production Results for the Second Quarter Ended June 2015

Tel Offshore Trust reported capital expenditure and production results for the second quarter ended June 2015. For the quarter, the company reported capital expenditures of $532 as compared to $172 in the first quarter of 2015. The company announced crude oil and condensate volumes during the second quarter of 2015 increased approximately 3% to 35,563 barrels, compared to 34,539 barrels during the first quarter of 2015. The increase in production is primarily due to production fluctuations within the normal operating range. Natural gas volumes during the second quarter of 2015 decreased approximately 52% to 38,173 Mcf from 79,063 Mcf during the first quarter of 2015. The decrease in production is primarily due to production being temporarily shut-in at Ship Shoal 182/183. Excluding the impact of prior period adjustments, the average price received for natural gas production decreased approximately 30% to $2.78 per Mcf in the second quarter of 2015 from $3.95 per Mcf in the first quarter of 2015. Gas products revenues decreased approximately 53% to $14,058 in the second quarter of 2015 from $29,768 in the first quarter of 2015.

Tel Offshore Trust Reports Capital Expenditure and Production Results for the First Quarter Ended January 2015

Tel Offshore Trust reported capital expenditure and production results for the first quarter ended January 2015. For the quarter, capital expenditures were $172 in the first quarter of 2015 as compared to $(44) in the fourth quarter of 2014. Gross proceeds for the burdened royalty properties exceeded development and production costs for the months of November and December 2014 and January 2015 by $1,947,303, or $486,826 net to the entire overriding royalty interest, and $292,096 attributable to the Trust. Excluding the impact of prior period adjustments, the average price received for natural gas production increased approximately 7% to $3.95 per Mcf in the first quarter of 2015 from $3.68 per Mcf in the fourth quarter of 2014. Gas products revenues during the first quarter of 2015 decreased approximately 63% from $80,314 in the fourth quarter of 2014 to $29,768 in the first quarter of 2015. Excluding the impact of prior period adjustments, the average price received for crude oil and condensate production decreased approximately 21% to $77.64 per barrel in the first quarter of 2015 from $97.95 per barrel in the fourth quarter of 2014. The company announced crude oil and condensate volumes during the first quarter of 2015 decreased approximately 21% to 34,539 barrels, compared to 43,936 barrels during the fourth quarter of 2014. The production period for the first quarter of 2015 includes November and December 2014 and January 2015.

Tel Offshore Trust Auditor Raises 'Going Concern' Doubt

Tel Offshore Trust filed its 10-K on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TELOZ:US $0.10 USD 0.00

TELOZ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for TELOZ.
View Industry Companies
 

Industry Analysis

TELOZ

Industry Average

Valuation TELOZ Industry Range
Price/Earnings -- Not Meaningful
Price/Sales 47,515.1x
Price/Book NM Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TEL OFFSHORE TRUST, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.