Tidewater Inc.: High Margins, Low Debt [View article]
TELOZ is an offshore trust which, coincidentally, I owned for a short while as a spinoff of Magnum Hunter. TELOZ receives 25% of the royalties from a series of oil and gas properties located off Louisiana. Since it's not an operating company growth comes from changes in oil and gas prices or changes in output.
Tidewater Inc.: High Margins, Low Debt [View article]