NYSE:PRT - PermRock Royalty Trust Stock Price, News, & Analysis

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$8.02 -0.47 (-5.54 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$8.49
Today's Range$7.74 - $8.39
52-Week Range$7.74 - $16.69
Volume107,761 shs
Average Volume80,067 shs
Market Capitalization$102.56 million
P/E RatioN/A
Dividend Yield9.60%
BetaN/A
PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in the Permian Basin, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:PRT
Previous Symbol
CUSIPN/A
Phone855-588-7839

Debt

Debt-to-Equity RatioN/A
Current Ratio1.00
Quick Ratio1.00

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio3.61
P/E Growth0.76

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares12,170,000
Market Cap$102.56 million
OptionableNot Optionable

PermRock Royalty Trust (NYSE:PRT) Frequently Asked Questions

What is PermRock Royalty Trust's stock symbol?

PermRock Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRT."

How often does PermRock Royalty Trust pay dividends? What is the dividend yield for PermRock Royalty Trust?

PermRock Royalty Trust announced a monthly dividend on Monday, November 19th. Investors of record on Friday, November 30th will be given a dividend of $0.067 per share on Friday, December 14th. This represents a $0.80 annualized dividend and a yield of 10.08%. The ex-dividend date of this dividend is Thursday, November 29th. View PermRock Royalty Trust's Dividend History.

How were PermRock Royalty Trust's earnings last quarter?

PermRock Royalty Trust (NYSE:PRT) posted its quarterly earnings data on Wednesday, November, 14th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.20. The company earned $9.55 million during the quarter, compared to analysts' expectations of $9.35 million. View PermRock Royalty Trust's Earnings History.

When is PermRock Royalty Trust's next earnings date?

PermRock Royalty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for PermRock Royalty Trust.

What price target have analysts set for PRT?

4 analysts have issued 1 year price objectives for PermRock Royalty Trust's stock. Their forecasts range from $15.00 to $21.00. On average, they expect PermRock Royalty Trust's share price to reach $18.00 in the next year. This suggests a possible upside of 125.6% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.

What is the consensus analysts' recommendation for PermRock Royalty Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PermRock Royalty Trust in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PermRock Royalty Trust.

Has PermRock Royalty Trust been receiving favorable news coverage?

News stories about PRT stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PermRock Royalty Trust earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of PermRock Royalty Trust's key competitors?

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at a price of $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer served as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.

When did the company's lock-up period expire?

PermRock Royalty Trust's lock-up period expired on Monday, October 29th. PermRock Royalty Trust had issued 6,250,000 shares in its public offering on May 2nd. The total size of the offering was $106,250,000 based on an initial share price of $17.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are PermRock Royalty Trust's major shareholders?

PermRock Royalty Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Monashee Investment Management LLC (0.89%), Salem Investment Counselors Inc. (0.15%) and Wells Fargo & Company MN (0.13%). View Institutional Ownership Trends for PermRock Royalty Trust.

Which major investors are buying PermRock Royalty Trust stock?

PRT stock was bought by a variety of institutional investors in the last quarter, including Monashee Investment Management LLC, Salem Investment Counselors Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for PermRock Royalty Trust.

How do I buy shares of PermRock Royalty Trust?

Shares of PRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PermRock Royalty Trust's stock price today?

One share of PRT stock can currently be purchased for approximately $7.98.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $102.56 million.

What is PermRock Royalty Trust's official website?

The official website for PermRock Royalty Trust is http://www.permrock.com.

How can I contact PermRock Royalty Trust?

PermRock Royalty Trust's mailing address is P.O. Box 470727, FORT WORTH TX, 76147. The company can be reached via phone at 855-588-7839.


MarketBeat Community Rating for PermRock Royalty Trust (NYSE PRT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  97
MarketBeat's community ratings are surveys of what our community members think about PermRock Royalty Trust and other stocks. Vote "Outperform" if you believe PRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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