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

Sign in or create an account to add this stock to your watchlist.
$8.35 -0.14 (-1.65 %)
(As of 03/24/2019 02:55 AM ET)
Previous Close$8.35
Today's Range$8.11 - $8.5048
52-Week Range$5.45 - $16.69
Volume49,551 shs
Average Volume51,788 shs
Market Capitalization$101.62 million
P/E RatioN/A
Dividend Yield5.79%
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.

Receive PRT News and Ratings via Email

Sign-up to receive the latest news and ratings for PRT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone855-588-7839

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$101.62 million
Next Earnings Date3/27/2019 (Estimated)
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 Tuesday, March 19th. Stockholders of record on Friday, March 29th will be given a dividend of $0.042 per share on Friday, April 12th. This represents a $0.50 annualized dividend and a dividend yield of 6.04%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from PermRock Royalty Trust's previous monthly dividend of $0.04. View PermRock Royalty Trust's Dividend History.

When is PermRock Royalty Trust's next earnings date?

PermRock Royalty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for PermRock Royalty Trust.

What price target have analysts set for PRT?

4 brokerages have issued 1-year price objectives for PermRock Royalty Trust's stock. Their predictions range from $10.00 to $21.00. On average, they expect PermRock Royalty Trust's stock price to reach $16.75 in the next twelve months. This suggests a possible upside of 100.6% 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 1 hold rating and 3 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?

Headlines about PRT stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PermRock Royalty Trust earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

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

What other stocks do shareholders of PermRock Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Micron Technology (MU), New Residential Investment (NRZ), Blackstone Group (BX), AT&T (T), Golar LNG Partners (GMLP), Enterprise Products Partners (EPD), Uniti Group (UNIT), Energy Transfer LP Unit (ET), Kraft Heinz (KHC) and Viper Energy Partners (VNOM).

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an initial public offering on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at $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.

Who are PermRock Royalty Trust's major shareholders?

PermRock Royalty Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include HITE Hedge Asset Management LLC (0.44%), Stifel Financial Corp (0.42%) and BB&T Securities LLC (0.14%). View Institutional Ownership Trends for PermRock Royalty Trust.

Which major investors are selling PermRock Royalty Trust stock?

PRT stock was sold by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC. View Insider Buying and Selling 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 Stifel Financial Corp and BB&T Securities LLC. 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 $8.35.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $101.62 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:  2.5 out of 5 (star star half star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  159
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 3/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel