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Eastern American Natural Gas Trust - Earning & Dividend Analysis Snapshot
This detailed Report provides an Earnings and Dividends history for Eastern American Natural Gas Trust. Tabular results include up to a ten-year history of "as reported" Earnings per Share and Dividends per Share plus a calculation of the amount of earnings paid out over the year in dividends (i.e. Payout Ratio). Earnings and Dividends are presented on both a Quarterly and Annual basis. An annual Percent Change factor is calculated for both Earnings and Dividends.
Eastern American Natural Gas Trust. The Company's principal activity is to acquire and hold net profits interests created from the working interests owned by Eastern American Energy Corporation (Eastern American) in 650 producing gas wells and 65 proved development well locations located in West Virginia and Pennsylvania. The Properties are comprised of Eastern American's working interests in certain properties located in the Appalachian Basin states of West Virginia and Pennsylvania. As of December 31, 2008, such properties consisted of 650 producing gas wells. Net Profits Interests to be acquired consisted of a royalty interest in 322 wells and a term interest in the remaining wells and locations.
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