Permianville Royalty Trust operates as a statutory trust. The company is headquartered in Houston, Texas and currently employs 0 full-time employees. The company went IPO on 2011-11-03. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust is created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro. The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties. The Company’s Underlying Properties consist of producing and non-producing interests in oil and natural gas units, wells and lands in Texas, Louisiana, and New Mexico. The Underlying Properties are divided into two geographic regions: the Permian Basin region and the East Texas/North Louisiana region.
Follow-Up Questions
What is Permianville Royalty Trust (PVL)'s P/E Ratio?
The P/E ratio of Permianville Royalty Trust is 23.1538
What is the price performance of PVL stock?
The current price of PVL is $1.92, it has decreased 5.18% in the last trading day.
What are the primary business themes or industries for Permianville Royalty Trust?
Permianville Royalty Trust belongs to Energy industry and the sector is Energy
What is Permianville Royalty Trust market cap?
Permianville Royalty Trust's current market cap is $63.3M