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
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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.
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