Dominion Resources Black Warrior (DOM) 0.32 $DOM
Post# of 273249
Dominion Resources Black Warrior Trust Termination Update
PR Newswire - Wed Jan 27, 6:30AM CST
As previously announced, Southwest Bank, the trustee of the Dominion Resources Black Warrior Trust (the "Trust" , was informed by Walter Energy, Inc., the parent of Walter Black Warrior Basin LLC (the "Company" , that it, together with certain of its subsidiaries and affiliates, including the Company ("Debtors" filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code (the "Bankruptcy Code" with the United States District Court for the Northern District of Alabama Southern Division (the "Bankruptcy Court" on July 15, 2015 and that it has an agreement with lenders regarding a pre-negotiated restructuring plan. There have been several rulings related to the bankruptcy proceedings as disclosed by the Trust in Current Reports on Form 8-K filed with the Securities and Exchange Commission (the "SEC" on each of August 19, 2015, September 16, 2015, November 20, 2015 and December 31, 2015.
DOM: 0.32 (unch)
Dominion Resources Black Warrior Trust Releases Updated Information On Walter Energy, Inc. Bankruptcy Proceedings
PR Newswire - Wed Dec 30, 4:30PM CST
As previously announced, Southwest Bank, the trustee of the Dominion Resources Black Warrior Trust (NYSE: DOM) (the "Trust" was informed by Walter Energy, Inc., the parent of Walter Black Warrior Basin LLC (the "Company" , that it, together with certain of its subsidiaries and affiliates, including the Company ("Debtors" filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code (the "Bankruptcy Code" with the United States District Court for the Northern District of Alabama Southern Division (the "Bankruptcy Court" on July 15, 2015 and that it has an agreement with lenders regarding a pre-negotiated restructuring plan. There have been several rulings related to the bankruptcy proceedings as disclosed by the Trust in Current Reports on Form 8-K filed with the Securities and Exchange Commission on each of August 19, 2015, September 16, 2015 and November 20, 2015.
DOM: 0.32 (unch)
Dominion Resources Black Warrior Trust Announces No Distribution for Third Quarter Production
PR Newswire - Thu Nov 19, 3:01PM CST
Dominion Resources Black Warrior Trust (NYSE: DOM), ("Dominion" announced today that it had not received any proceeds from Walter Energy, Inc. as of November 13, 2015, the scheduled date of distribution to the Trust. Therefore, there will be no distribution to unitholders of record as of November 30, 2015.
DOM: 0.32 (unch)
Dominion Resources Black Warrior Trust Announces Further Updated Information on Walter Energy, Inc. Bankruptcy Proceedings
PR Newswire - Wed Sep 16, 11:30AM CDT
As previously announced, Southwest Bank, the trustee of the Dominion Resources Black Warrior Trust (the "Trust" was informed by Walter Energy, Inc., the parent of Walter Black Warrior Basin LLC (the "Company" , stating that it, together with certain of its subsidiaries and affiliates, including the Company ("Debtors" filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code with the United States District Court for the Northern District of Alabama Southern Division on July 15, 2015 and that it has an agreement with lenders regarding a pre-negotiated restructuring plan. In the letter, Walter Energy, Inc. advised the Trust that it is not permitted to pay obligations that arose prior to July 15, 2015, including royalty payments. Specifically, the Trustee was informed by Walter Energy, Inc. that it will not be paying the distribution to the Trust, which would normally be paid by August 14, and normally would include royalty payments for the production months of April, May and June 2015, as well as the portion of any future quarterly distributions relating to production attributable to periods prior to July 15, 2015. The Trustee has received no assurances regarding the status of distributions relating to production for periods after July 15, 2015.
DOM: 0.32 (unch)
Dominion Resources Black Warrior Trust Announces Updated Information on Walter Energy, Inc. Bankruptcy Proceedings
PR Newswire - Wed Aug 19, 2:13PM CDT
As previously announced, Southwest Bank, the trustee of the Dominion Resources Black Warrior Trust (the "Trust" was informed by Walter Energy, Inc., the parent of Walter Black Warrior Basin LLC (the "Company" , stating that it, together with certain of its subsidiaries and affiliates, including the Company ("Debtors" filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code with the United States District Court for the Northern District of Alabama Southern Division on July 15, 2015 and that it has an agreement with lenders regarding a pre-negotiated restructuring plan. In the letter, Walter Energy, Inc. advised the Trust that it is not permitted to pay obligations that arose prior to July 15, 2015, including royalty payments. Specifically, the Trustee was informed by Walter Energy, Inc. that it will not be paying the distribution to the Trust, which would normally be paid by August 14, and normally would include royalty payments for the production months of April, May and June 2015, as well as the portion of any future quarterly distributions relating to production attributable to periods prior to July 15, 2015. The Trustee has received no assurances regarding the status of distributions relating to production for periods after July 15, 2015. On the date the bankruptcy hearing was filed - in a series of "first day motions" - the Debtors filed motions relating to use of their cash collateral and cash management, which provide that Debtors' cash and certain other property constitute collateral of the Debtors' lenders subject to protective liens and permit use of a "zero balance" cash management system where receipts from operations including Debtors' gas operations could be swept into certain concentration or disbursement accounts. The motions do not separately segregate or provide separate treatment for production proceeds relating to the Trust's overriding royalty interests. The Trustee filed motions asking the court to reconsider and amend the Debtors' cash management order and has objected to the cash collateral motion seeking segregation of production proceeds relating to the Trust's overriding royalty interests and judicial confirmation that such proceeds are not property of the Debtor's bankruptcy estate.
DOM: 0.32 (unch)
Dominion Resources Black Warrior Trust Announces Notification by Walter Energy of Chapter 11 Bankruptcy Filing
PR Newswire - Tue Jul 28, 11:20AM CDT
Dominion Resources Black Warrior Trust (NYSE: DOM), ("Dominion" announced today that it received a letter from Walter Energy, Inc. stating that it filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code on July 15, 2015 and that is has an agreement with lenders regarding a pre-negotiated restructuring plan. In the letter, Walter advised the Trust that it is not permitted to pay obligations that arose prior to July 15, 2015, ("pre-petition obligations" including royalty payments. Specifically, the Trustee was informed by Walter Energy, Inc. that it will not be paying the distribution to the Trust, which would normally be paid by August 14, and normally would include royalty payments for the production months of April, May and June 2015, as well as the portion of any future quarterly distributions relating to production attributable to periods prior to July 15, 2015.
DOM: 0.32 (unch)
Can You Guess Which Fast-Food Chain Is America's Favorite? (Hint: It's Definitely Not McDonald's)
Rich Duprey, The Motley Fool - Motley Fool - Sat Jul 11, 8:00AM CDT
When it comes to ordering fast food, consumers are getting more picky. Photo: Dean Hochman, Flickr . It's no surprise that customer satisfaction with McDonald's is deteriorating. Same-store sales at the restaurant chain have been on an ugly...
DOM: 0.32 (unch), PNRA: 216.28 (-0.98), PZZA: 75.96 (+0.21), CMG: 414.07 (+5.66), MCD: 117.25 (+1.42), YUM: 91.25 (-0.01), WEN: 10.20 (unch)
Dominion Resources Black Warrior Trust Announces 2nd Quarter Cash Distribution and 2015 Reserve Quantities
PR Newswire - Wed May 20, 9:00AM CDT
Dominion Resources Black Warrior Trust (NYSE: DOM) today announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.098752 per unit. The distribution will be payable June 9, 2015 to unitholders of record on June 1, 2015. Dominion's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.dom-dominion.com/.
DOM: 0.32 (unch)
NYSE stocks posting largest percentage decreases
AP - Thu Apr 02, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
SSI: 5.08 (-0.34), CRS: 37.66 (+0.98), PES: 3.78 (+0.18), WNR: 25.87 (+1.03), CCG: 7.00 (unch), MSI: 78.32 (+0.37), VLO: 55.27 (+0.44), DOM: 0.32 (unch), NTI: 21.15 (+0.23), MAC: 82.79 (+0.87), MVO: 6.12 (+0.05), NRG: 12.15 (+0.17), GNI: 8.10 (+0.67), SNX: 106.16 (-0.18)
Dominion Resources Black Warrior Trust Announces 1st Quarter Cash Distribution
PR Newswire - Thu Feb 19, 9:00AM CST
Dominion Resources Black Warrior Trust (NYSE: DOM) today announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.174547 per unit. The distribution will be payable March 11, 2015 to unitholders of record on March 2, 2015. Dominion's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.dom-dominion.com/.
DOM: 0.32 (unch)
Latest Occurrences in the Drilling Sector: Special Research on Dominion Resources Black Warrior, Dresser-Rand, Dril-Quip, ECA Marcellus and Eclipse
PR Newswire - Mon Feb 02, 7:00AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Dominion Resources Black Warrior (NYSE: DOM), Dresser-Rand (NYSE: DRC), Dril-Quip (NYSE: DRQ), ECA Marcellus (NYSE: ECT), and Eclipse (NYSE: ECR). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
75.50 (+0.75), DRC: 85.18 (+0.01), DOM: 0.32 (unch), ECR: 3.58 (+0.23), ECT: 2.11 (unch), DRQ: 55.08 (-0.40)