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.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CIKN/A
Phone855-588-7839
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.24 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/13/2019 (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 Friday, September 20th. Investors of record on Monday, September 30th will be paid a dividend of $0.07 per share on Tuesday, October 15th. This represents a $0.84 annualized dividend and a dividend yield of 11.51%. The ex-dividend date of this dividend is Friday, September 27th. View PermRock Royalty Trust's Dividend History.
How were PermRock Royalty Trust's earnings last quarter?
PermRock Royalty Trust (NYSE:PRT) issued its earnings results on Wednesday, August, 14th. The company reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The company earned $7.83 million during the quarter, compared to the consensus estimate of $7.80 million. View PermRock Royalty Trust's Earnings History.
When is PermRock Royalty Trust's next earnings date?
What price target have analysts set for PRT?
1 analysts have issued 12 month price objectives for PermRock Royalty Trust's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate PermRock Royalty Trust's stock price to reach $10.00 in the next year. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.
What is the consensus analysts' recommendation for PermRock Royalty Trust?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PermRock Royalty Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PermRock Royalty Trust.
Has PermRock Royalty Trust been receiving favorable news coverage?
Press coverage about PRT stock has been trending negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PermRock Royalty Trust earned a news impact score of -2.6 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for PermRock Royalty Trust.
Are investors shorting PermRock Royalty Trust?
PermRock Royalty Trust saw a decrease in short interest in September. As of September 30th, there was short interest totalling 8,200 shares, a decrease of 36.4% from the August 30th total of 12,900 shares. Based on an average daily trading volume, of 45,900 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. View PermRock Royalty Trust's Current Options Chain.
Who are some of PermRock Royalty Trust's key competitors?
Some companies that are related to PermRock Royalty Trust include Kimbell Royalty Partners (KRP), Isramco (ISRL), HighPoint Resources (HPR), Advantage Oil & Gas (AAVVF), Primeenergy Resources (PNRG), Panhandle Oil and Gas (PHX), Earthstone Energy (ESTE), Roan Resources (ROAN), Ultra Petroleum (UPL), TETRA Technologies (TTI), SandRidge Energy (SD), Unit (UNT), Amplify Energy (AMPY), Pantheon Resources (PTHRF) and VAALCO Energy (EGY).
What other stocks do shareholders of PermRock Royalty Trust own?
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 $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer acted 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?
Which major investors are selling PermRock Royalty Trust stock?
Which major investors are buying PermRock Royalty Trust stock?
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, Robinhood, Fidelity and Charles Schwab.
What is PermRock Royalty Trust's stock price today?
One share of PRT stock can currently be purchased for approximately $7.30.
How big of a company is PermRock Royalty Trust?
PermRock Royalty Trust has a market capitalization of $88.84 million and generates $16.24 million in revenue each year. The company earns $15.59 million in net income (profit) each year or $1.28 on an earnings per share basis. View Additional Information About PermRock Royalty Trust.
What is PermRock Royalty Trust's official website?
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)
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.
