PermRock Royalty Trust (PRT)

NYSE: PRT · IEX Real-Time Price · USD
7.84
+0.12 (1.55%)
Jan 27, 2023, 4:00 PM EST - Market closed
1.55%
Market Cap 95.38M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 12.17M
EPS (ttm) 0.93
PE Ratio 8.43
Forward PE 10.28
Dividend $0.92 (11.71%)
Ex-Dividend Date Nov 29, 2022
Volume 80,852
Open 7.78
Previous Close 7.72
Day's Range 7.65 - 7.89
52-Week Range 6.38 - 10.88
Beta 1.23
Analysts Sell
Price Target 2.04 (-73.98%)
Earnings Date Feb 13, 2023

About PRT

PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in Permian Basin, Texas. Its underlying properties comprising 22,997 net acres, which include 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry counties, Texas; 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran counties, Texas; 14,727 net acres on the Eastern Shelf of the Permian Basin in Glasscock, Schleicher, Stonewall, and Coke countie... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 2017
Country United States
Stock Exchange NYSE
Ticker Symbol PRT
Full Company Profile

Analyst Forecast

According to 8 analysts, the average rating for PRT stock is "Sell." The 12-month stock price forecast is $2.04, which is a decrease of -73.98% from the latest price.

Price Target
$2.04
(-73.98% downside)
Analyst Consensus: Sell
Stock Forecasts

News

PermRock Royalty Trust Declares Monthly Cash Distribution

FORT WORTH, Texas , Jan. 20, 2023 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficia...

1 week ago - PRNewsWire

NEPC Survey: Majority of Pension Plans See Fed and Soaring Corporate Profit Margins As Biggest Threat to Markets

BOSTON--(BUSINESS WIRE)--NEPC, LLC one of the industry's largest independent, research-driven investment consulting firms, today announced new data showcasing what corporate and healthcare pension p...

2 months ago - Business Wire

7 Reddit Stocks to Watch as Memes Regain Momentum

As the major equity indices clawed out of their recent doldrums, so-called Reddit stocks — particularly those with meme-ish qualities — joined in on the optimism. While social media-driven investments...

Other symbols: ALLAPRNBBBYOXYTAWEBR
5 months ago - InvestorPlace

PERMROCK ROYALTY TRUST ANNOUNCES RESULTS OF SPECIAL MEETING

FORT WORTH, Texas , May 5, 2022 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today announced that, at a special meeting of the Trust's unitholders held May 4, 2022, the unitholders...

9 months ago - PRNewsWire

PermRock Royalty Trust Announces Adjournment of Special Meeting

FORT WORTH, Texas , April 6, 2022 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) today announced that the Special Meeting of the Trust's unitholders scheduled for April 5, 2022 for the purpose of ...

10 months ago - PRNewsWire

PermRock Royalty TrustDeclares Monthly Cash Distribution

FORT WORTH, Texas, Dec. 20, 2021 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial...

1 year ago - PRNewsWire

3 High-Yield Royalty Trusts to Watch

Royalty trusts have benefitted from the recent pop in oil, but that's just one reason to take a look at these names. The post 3 High-Yield Royalty Trusts to Watch appeared first on InvestorPlace.

Other symbols: PBTSBR
1 year ago - InvestorPlace

PermRock Royalty Trust Declares Monthly Cash Distribution for September

FORT WORTH, Texas, Sept. 18, 2020 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a $0.010000 cash distribution to record holders of its trust units representing benefic...

2 years ago - PRNewsWire

PermRock Royalty Trust Declares No Monthly Cash Distribution for August

FORT WORTH, Texas, Aug. 21, 2020 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared there will be no monthly cash distribution to record holders of its trust units represe...

2 years ago - PRNewsWire

PermRock Royalty Trust Declares No Monthly Cash Distribution for July

FORT WORTH, Texas, July 21, 2020 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared there will be no monthly cash distribution to record holders of its trust units represen...

2 years ago - PRNewsWire

PermRock Royalty Trust Declares No Monthly Cash Distribution for June

FORT WORTH, Texas, June 19, 2020 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared there will be no monthly cash distribution to record holders of its trust units represen...

2 years ago - PRNewsWire

PermRock Royalty Trust Declares No Monthly Cash Distribution for May

FORT WORTH, Texas, May 18, 2020 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared there will be no monthly cash distribution to record holders of its trust units represen...

2 years ago - PRNewsWire

Analysts Estimate PermRock Royalty Trust (PRT) to Report a Decline in Earnings: What to Look Out for

PermRock Royalty Trust (PRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 years ago - Zacks Investment Research