Permrock Royalty Trust Trust Units PRT

$1.48 +0.04 (2.78%)

Valuation

Market cap
17,519,000
Revenue TTM
$5,560,000
Net income TTM
$4,710,000
PE ratio
6.66
Forward PE
—
Profit margin
84.71%
Debt to equity
0.00

Trading

Volume
61,746
Avg volume
32,008
Day's range
$1.44 – $1.49
Shares out
12,166,000
Stochastic %K
10%
Beta
0.45
Analysts
Strong Buy
Price target
$3.00

Price

Company profile

PermRock Royalty Trust operates as a statutory trust in the United States. The company owns interests in oil and natural gas producing properties. Its underlying properties consist of 22,394 net acres located in the Permian Basin. The company was incorporated in 2017 and is based in Dallas, Texas.

Industry
Oil & Gas E&P
Sector
Energy
Phone
855 588 7839
Website
https://permrock.com
Address
3838 Oak Lawn Avenue, Suite 1720, Dallas, United States

Latest news

Stocktwits

Villel Oct 22, 9:40 AM
$PRT Production over the last six years Year Total production (thousand BOE) Average daily production (BOE/day) 2020 — — 2021 469.0 1,285 2022 420.0 1,151 2023 382.4 1,048 2024 346.7 950 2025 304.9 835 production is in decline according to prt reports.
0 replies
Villel Oct 22, 9:24 AM
$PRT Is production getting lower? Is there data on this?
0 replies
Cheatah Oct 20, 8:08 PM
$PRT oil keeps going higher and higher ( thanks to trump ) and the monthly distributions are going lower. What a scam this is.
1 replies
Bovittle Sep 12, 3:13 PM
$PRT provides no in-depth information regarding current operations; this should seriously concern investors.
0 replies
MPInvest19 Jul 22, 7:40 PM
$PRT monthly distributions here will stabilize in the $.0325 range. So at today’s price you are paying 5x-6x CF and getting a mid to high teens distribution yield. All before the inevitable move to 10x distributions. Paid to wait and will likely see a move to $3.50-$4.0 before end of year. These prices are a gift.
0 replies
Cheatah Jul 22, 2:57 PM
$PRT Read this article. We know why BOAZ sold out. https://finance.yahoo.com/sectors/energy/articles/structural-problem-no-oil-price-150421679.html
1 replies
MPInvest19 Jul 21, 9:55 PM
$PRT July distribution came in lower than expected due to lower production and higher capex reserves. If you strip out one-time reserve, distribution would have come in at $0.054. Production should normalize to 18k-20k before eoy and using $75 oil distributions steady at $0.0325 monthly or close to $0.40 annualized. At 10x distributions unit price should be priced around $4 or 70% higher than where you can buy it today.
0 replies
MPInvest19 Jul 9, 7:18 PM
$PRT - I keep wondering when Permrock will re-rate higher. Maybe a few more months of high distributions will do it. Anticipated July distribution of $0.045 - $0.055, August $0.04 and Sept $0.03-$0.035 at $70 oil. Way undervalued and in the meantime being paid to wait.
0 replies