Reviewing Permianville Royalty Trust (NYSE:PVL) and Permian Basin Royalty Trust (NYSE:PBT)

Volatility & Risk

Permianville Royalty Trust has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500. Comparatively, Permian Basin Royalty Trust has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.

Institutional & Insider Ownership

6.8% of Permianville Royalty Trust shares are owned by institutional investors. Comparatively, 28.9% of Permian Basin Royalty Trust shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Permianville Royalty Trust and Permian Basin Royalty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Permianville Royalty Trust	4.64%	6.28%	6.25%
Permian Basin Royalty Trust	93.60%	12,661.40%	593.31%

Earnings & Valuation

This table compares Permianville Royalty Trust and Permian Basin Royalty Trust”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Permianville Royalty Trust	$61.63 million	0.98	$5.14 million	$0.09	20.39
Permian Basin Royalty Trust	$26.96 million	28.30	$25.42 million	$0.49	33.41

Permian Basin Royalty Trust has lower revenue, but higher earnings than Permianville Royalty Trust. Permianville Royalty Trust is trading at a lower price-to-earnings ratio than Permian Basin Royalty Trust, indicating that it is currently the more affordable of the two stocks.

Summary

Permian Basin Royalty Trust beats Permianville Royalty Trust on 9 of the 10 factors compared between the two stocks.

About Permianville Royalty Trust

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico. The company was formerly known as Enduro Royalty Trust and changed its name to Permianville Royalty Trust in September 2018. Permianville Royalty Trust was incorporated in 2011 and is based in Houston, Texas.

About Permian Basin Royalty Trust

Permian Basin Royalty Trust, an express trust, holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties, including Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell fields in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.