Permianville Royalty Trust (PVL)
Permianville Royalty Trust operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $1.81, down 0.55% on the session, giving a market capitalisation of $59.7M. On trailing twelve-month figures it carries a trailing P/E of 10.34, a net margin of 73.1%. Its beta of 0.14 implies it has historically moved less than the broad market.
Permianville Royalty Trust functions as a legally constituted trust. Its core activity involves holding a net profits interest that entitles it to receive 80% of the net earnings generated from the sale of crude oil and natural gas produced from sites located across Texas, Louisiana, and New Mexico. This trust was established in 2011 and operates out of Houston, Texas. Notably, it adopted its current name in September 2018, having previously been known as Enduro Royalty Trust.
Permianville Royalty Trust is most often compared with the following Energy names: