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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:PRT

PermRock Royalty Trust (PRT) Stock Price, News & Analysis

$4.18
-0.06 (-1.42%)
(As of 03/28/2024 ET)
Today's Range
$4.15
$4.24
50-Day Range
$4.16
$4.75
52-Week Range
$4.04
$7.25
Volume
75,608 shs
Average Volume
41,144 shs
Market Capitalization
$50.87 million
P/E Ratio
N/A
Dividend Yield
10.05%
Price Target
N/A

PermRock Royalty Trust MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.34% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of PermRock Royalty Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$18,050 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.50 out of 5 stars

Oils/Energy Sector

150th out of 238 stocks

Crude Petroleum & Natural Gas Industry

52nd out of 73 stocks

PRT stock logo

About PermRock Royalty Trust Stock (NYSE: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 counties, Texas; and 4,169 net acres on the Central Basin Platform of the Permian Basin in Ward, Crane, Terry, and Ector counties, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

PRT Stock Price History

PRT Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PermRock Royalty Trust (PRT)
PermRock Royalty Trust Declares Monthly Cash Distribution
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PRT - PermRock Royalty Trust
PermRock Royalty Trust declares $0.0602 dividend
PermRock Royalty Trust declares $0.093 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 3/14 Dividend
2/28/2024
Dividend Payable
3/14/2024
Ex-Dividend for 4/12 Dividend
3/27/2024
Today
3/28/2024
Next Earnings (Estimated)
4/02/2024
Dividend Payable
4/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$12.30 million
Pretax Margin
127.88%

Debt

Sales & Book Value

Annual Sales
$13.16 million
Cash Flow
$0.96 per share
Book Value
$6.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$50.87 million
Optionable
Not Optionable
Beta
0.94
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PRT Stock Analysis - Frequently Asked Questions

How have PRT shares performed in 2024?

PermRock Royalty Trust's stock was trading at $4.42 at the beginning of 2024. Since then, PRT shares have decreased by 5.4% and is now trading at $4.18.
View the best growth stocks for 2024 here
.

Are investors shorting PermRock Royalty Trust?

PermRock Royalty Trust saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 24,400 shares, a decline of 26.9% from the February 29th total of 33,400 shares. Based on an average daily volume of 41,200 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company's shares are short sold.
View PermRock Royalty Trust's Short Interest
.

When is PermRock Royalty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 2nd 2024.
View our PRT earnings forecast
.

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 Monday, March 18th. Investors of record on Thursday, March 28th will be paid a dividend of $0.023 per share on Friday, April 12th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 6.60%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for PRT
.

Is PermRock Royalty Trust a good dividend stock?

PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.42 per share and currently has a dividend yield of 9.50%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PRT.

What other stocks do shareholders of PermRock Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Main Street Capital (MAIN), New Residential Investment (NRZ), InfraCap MLP ETF (AMZA), Energy Transfer (ET), Golar LNG Partners (GMLP), Hercules Capital (HTGC), Mplx (MPLX), AT&T (T) and Arbor Realty Trust (ABR).

When did PermRock Royalty Trust IPO?

PermRock Royalty Trust (PRT) raised $126 million in an initial public offering (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 served 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?

PermRock Royalty Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Royal Bank of Canada (0.26%).
View institutional ownership trends
.

How do I buy shares of PermRock Royalty Trust?

Shares of PRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRT) was last updated on 3/29/2024 by MarketBeat.com Staff

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