8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 18, 2015

Enduro Royalty Trust

(Exact name of registrant as specified in its charter)

Delaware	1-35333	45-6259461
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation )	File Number)	Identification No.)

The Bank of New York Mellon Trust Company, N.A., Trustee
Global Corporate Trust
919 Congress Avenue
Austin, Texas	78701
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (512) 263-6555

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On December 18, 2015, Enduro Royalty Trust issued a press release announcing Enduro Royalty Trust’s distribution to be paid in January 2016. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.

Also on December 18, 2015, Enduro Royalty Trust announced the anticipated 2016 capital program. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Pursuant to General Instruction B.2 of Form 8-K and Securities and Exchange Commission Release No. 33-8176, the press release attached as Exhibit 99.1 is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, but is instead furnished for purposes of that instruction.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

Exhibit 99.1Enduro Royalty Trust Press Release dated December 18, 2015.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Enduro Royalty Trust
	By:	The Bank of New York Mellon Trust Company, N.A., as
		Trustee
Date: December 18, 2015	By:	/s/ Sarah Newell
		Sarah Newell
		Vice President

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EXHIBIT INDEX

Exhibit	Description
99.1	Enduro Royalty Trust Press Release dated December 18, 2015.

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EX-99.1

Exhibit 99.1

Enduro Royalty Trust Announces Monthly Cash Distribution

And 2016 Capital Program

AUSTIN, Texas—(BUSINESS WIRE)—December 18, 2015

Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced its monthly cash distribution to be paid in January 2016 and its 2016 capital program.

Monthly Cash Distribution

A cash distribution of $0.029187 per unit will be paid on January 15, 2016 to the Trust’s unitholders of record on December 31, 2015. The distribution primarily represents oil production during the month of September 2015 and natural gas production during August 2015.

The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations.

	Underlying Sales Volumes				Average Price
	Oil		Natural Gas		Oil		Natural Gas
	Bbls	Bbls/D	Mcf	Mcf/D	(per Bbl)		(per Mcf)
Current Month	70,206	2,340	406,853	13,124	$	44.37	$	2.44
Prior Month	69,396	2,239	410,089	13,229	$	42.51	$	2.60

Oil cash receipts for the properties underlying the Trust totaled $3.1 million for the current month, an increase of $0.2 million from the prior month calculation. The increase was primarily due to a 5% increase in NYMEX oil prices from August to September 2015. The increase in oil sales volumes resulted primarily from differences in the timing of cash receipts. Natural gas receipts decreased $0.1 million from the prior month, totaling $1.0 million.

Total direct operating expenses, including lease operating expenses (“LOE”), production and ad valorem taxes, and gathering and transportation expenses, totaled $2.6 million, a decrease of $0.3 million from the prior month. The decrease in direct operating expenses is due to lower than normal LOE in the current month distribution as a result of actual LOE for prior months being lower than anticipated, resulting in accrual adjustments. These adjustments resulted in a $0.2 million LOE reduction in the current month distribution. Capital expenditures included in the current month distribution totaled $0.2 million. Total direct operating expenses and capital expenditures relate to expenses incurred during October 2015.

2016 Capital Program

Due to the continued low commodity price environment, the operators of the properties underlying the Trust are evaluating planned capital expenditures during 2016. Total capital expenditures included in announced distributions during 2015 were $8.5 million, or $6.8 million net to the Trust, and Enduro Resource Partners anticipates total capital expenditures included in announced distributions in 2016 to continue to decline and range from $4 to $6 million attributable to the properties in which the Trust owns a net profits interest, or $3 to $5 million net to the Trust’s 80% net profits interest.

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About Enduro Royalty Trust

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Resource Partners to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro Resource Partners’ properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission, the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors.  Future distributions are expected to be made on a monthly basis.  For additional information on the Trust, please visit www.enduroroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders and expected expenses, including capital expenditures. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from Enduro Resource Partners with respect to the relevant period. The amount of such cash received or expected to be received is significantly affected by prevailing commodity prices. Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither Enduro Resource Partners nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by Enduro Royalty Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on March 12, 2015. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

Contact

Enduro Royalty Trust

The Bank of New York Mellon Trust Company, N.A., as Trustee

Sarah Newell 1 (512) 236-6555