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

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$11.98 +0.13 (+1.10 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$11.85
Today's Range$11.9488 - $12.18
52-Week Range$11.75 - $16.69
Volume29,862 shs
Average Volume80,874 shs
Market Capitalization$153.04 million
P/E RatioN/A
Dividend Yield11.12%
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 Ratio5.40
P/E Growth1.14

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/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$153.04 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 Friday, October 19th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.116 per share on Thursday, November 15th. This represents a $1.39 dividend on an annualized basis and a yield of 11.62%. The ex-dividend date of this dividend is Tuesday, October 30th. View PermRock Royalty Trust's Dividend History.

What price target have analysts set for PRT?

4 brokerages have issued 12-month price objectives for PermRock Royalty Trust's stock. Their predictions range from $15.00 to $21.00. On average, they expect PermRock Royalty Trust's stock price to reach $18.00 in the next year. This suggests a possible upside of 50.3% 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?

Headlines about PRT stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PermRock Royalty Trust earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near future.

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. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are PermRock Royalty Trust's major shareholders?

PermRock Royalty Trust's stock is owned by a number of 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 institutional investors are buying PermRock Royalty Trust stock?

PRT stock was acquired 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 $11.98.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $153.04 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:  41 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  86
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 11/15/2018 by MarketBeat.com Staff

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