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Key Stock Data
The current last sale of $20.99 is 16.87% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 21||$ 23.34|
|Low:||$ 20.95||$ 17.96|
Company Description (as filed with the SEC)
We are a Maryland corporation engaged in owning and leasing rate-regulated assets in Texas and headquartered in Dallas, Texas. We are structured as a REIT and lease our regulated assets to Sharyland Utilities, L.P. (Sharyland), a Texas-based regulated electric utility, pursuant to leases between Sharyland and our subsidiary, Sharyland Distribution & Transmission Services, L.L.C. (SDTS), a Texas-based regulated electric utility. Sharyland delivers electric service to other utilities and collects revenues through PUCT-approved rates. Our assets are located in the Texas Panhandle; near Wichita Falls, Abilene and Brownwood; in the Permian Basin; and in South Texas. We have grown rapidly since our formation, with our rate base increasing from approximately $60 million as of December 31, 2009 to approximately $1.5 billion as of December 31, 2017. ... More ...