According to the Fort Worth Star-Telegram, Enduro Resource Partners filed for bankruptcy reorganization on May 17, 2018.
In the article, it was mentioned that Enduro Royalty Trust (NDRO) was not included in the bankruptcy proceedings. Below is the adjusted and unadjusted price of NDRO since inceptions.
The adjusted price has declined by –59%. However, since the January 21, 2016 low, NDRO has increased +211%. It is worth noting that the decline in NDRO preceded the decline in West Texas Intermediate Oil (WTI), which did not collapse until mid-2014.
