Kiewit Royalty Trust
KIRY
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ROIC.AI
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- Kiewit Royalty Trust (KIRY) is a royalty trust that holds royalty and overriding royalty interests in certain coal leases. The Trust administers income from three royalty interests and sixteen overriding royalty interests in leases covering four coal mines located in Montana and Wyoming, including the Decker Mine and Spring Creek Mine in Big Horn County, Montana, and interests in the Black Butte Mine in Sweetwater County, Wyoming; these Coal Royalties entitle the Trust to specified payments per ton of coal produced or fixed percentages of the coal's value or price, free of development and operating expenses. Organized under the laws of Nebraska on May 17, 1982, the Trust is based in Omaha, Nebraska, with U.S. Bank National Association serving as trustee. The Trust operates exclusively in the coal industry, targeting unitholders through distributions derived from coal production in the Powder River Basin region. No major partnerships, acquisitions, funding rounds, product launches, or strategic shifts have been reported for the Trust in the last 1-2 years, with recent activity limited to ongoing royalty distributions amid stable coal market conditions.