PermRock Royalty Trust (PRT) Stock

About PermRock Royalty Trust

PermRock Royalty Trust's primary asset is an 80% net profits interest derived from oil and natural gas production properties located within the Permian Basin of Texas. These energy-producing assets were originally acquired by Boaz Energy II, LLC. The total subsurface area encompassed by these holdings amounts to 22,997 net acres. This expansive acreage is strategically distributed across various geological platforms and counties: 2,434 net acres are situated on the Central Basin Platform, spanning Hockley and Terry counties; an additional 1,667 net acres are also found on the Central Basin Platform in Terry and Cochran counties; a substantial 14,727 net acres are located on the Eastern Shelf, encompassing Glasscock, Schleicher, Stonewall, and Coke counties; and a further 4,169 net acres are part of the Central Basin Platform in Ward, Crane, Terry, and Ector counties, all within Texas. The trust was established in 2017 and its corporate headquarters are located in Fort Worth, Texas.

PermRock Royalty Trust is headquartered in US.

PermRock Royalty Trust (PRT) stock trades at $2.22 with a market capitalization of $27.01M. The stock is valued at a price-to-earnings (P/E) ratio of 7.40, price-to-book of 0.99, price-to-sales of 5.95. Over the past 52 weeks the stock has ranged between $1.82 and $4.14, and currently trades 46.4% below its 52-week high. It pays a dividend yielding 12.16%.

On profitability, PermRock Royalty Trust generates a return on equity (ROE) of 7.44%, return on capital employed of 13.39%, an operating margin of 80.39%, a net profit margin of 80.39%.

Official website: www.permrock.com