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Permianville Royalty Trust (NYSE:PVL) Posts Quarterly Earnings Results

Permianville Royalty Trust logo with Energy background

Key Points

  • Permianville Royalty Trust reported earnings of $0.01 per share for the quarter, with revenue of $11.22 million.
  • The company has a net margin of 4.64% and a return on equity of 6.28%.
  • As of Friday, the stock price is $1.82, reflecting its 12-month low of $1.30 and a high of $2.00.
  • MarketBeat previews the top five stocks to own by October 1st.

Permianville Royalty Trust (NYSE:PVL - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. The firm had revenue of $11.22 million for the quarter. Permianville Royalty Trust had a return on equity of 7.18% and a net margin of 5.79%.

Permianville Royalty Trust Trading Up 1.0%

NYSE:PVL traded up $0.02 during trading hours on Wednesday, reaching $1.98. 48,524 shares of the company traded hands, compared to its average volume of 60,341. The business's 50-day moving average price is $1.84 and its two-hundred day moving average price is $1.62. Permianville Royalty Trust has a 1 year low of $1.30 and a 1 year high of $2.00. The stock has a market capitalization of $65.34 million, a P/E ratio of 19.80 and a beta of 0.46.

Permianville Royalty Trust Company Profile

(Get Free Report)

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.

See Also

Earnings History for Permianville Royalty Trust (NYSE:PVL)

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