Westbrook Thompson Units (WBTMU)

Overview

Westbrook-Thompson Overriding Royalty Trust is a specialized financial vehicle focused on the oil industry, specifically dealing with oil royalties. The entity is designed to provide investors with a method to invest in the oil sector through royalty earnings. As an overriding royalty trust, it does not own physical assets but rather holds interest in the revenue generated by the oil-producing properties. This structure allows for a direct pass-through of income to trust unitholders, typically resulting in regular income distributions. Headquartered in the United States, Westbrook-Thompson Overriding Royalty Trust operates within the regulatory frameworks applicable to royalty trusts and energy investments in the country.

Products and Services

The primary offerings from Westbrook-Thompson Overriding Royalty Trust revolve around investment in the oil industry through royalties. Below are the key services and products provided by the trust:

• Overriding Royalty Interests

  This is the core product of the Westbrook-Thompson Overriding Royalty Trust. Overriding royalty interests refer to non-operational interests in oil and gas production revenue, surpassing the basic mineral rights leases. These interests are not tied to physical assets but rather to the revenue generated from the production of oil and gas. As such, investors gain financial exposure to the sector without the complexities and risks associated with direct operational involvement. The trust manages these interests, distributing the resultant earnings to its unitholders.

• Income Distributions

  A key service offered by Westbrook-Thompson Overriding Royalty Trust is the distribution of income generated from its overriding royalty interests. These distributions are typically made on a regular basis and are subject to the performance of the underlying oil and gas properties. Income distributions provide unitholders with a passive income stream, reflecting the trust's performance and the overall health of the oil market. The frequency and amount of these distributions can vary based on many factors, including oil prices, production levels, and regulatory changes.