PermRock Royalty Trust

Report azionario NYSE:PRT

Capitalizzazione di mercato: US$26.2m

PermRock Royalty Trust Crescita futura

Criteri Future verificati 0/6

Al momento non disponiamo di una copertura analitica sufficiente per prevedere la crescita e il fatturato di PermRock Royalty Trust.

Informazioni chiave

n/a

Tasso di crescita degli utili

n/a

Tasso di crescita dell'EPS

Oil and Gas crescita degli utili11.3%
Tasso di crescita dei ricavin/a
Rendimento futuro del capitale proprion/a
Copertura analitica

None

Ultimo aggiornamenton/a

Aggiornamenti recenti sulla crescita futura

Nessun aggiornamento

Recent updates

Articolo di analisi • Feb 07

PermRock Royalty Trust's (NYSE:PRT) Price Is Right But Growth Is Lacking After Shares Rocket 33%

PermRock Royalty Trust ( NYSE:PRT ) shareholders are no doubt pleased to see that the share price has bounced 33% in...
Articolo di analisi • Dec 24

Why Investors Shouldn't Be Surprised By PermRock Royalty Trust's (NYSE:PRT) Low P/E

With a price-to-earnings (or "P/E") ratio of 8x PermRock Royalty Trust ( NYSE:PRT ) may be sending very bullish signals...
Articolo di analisi • Mar 07

PermRock Royalty Trust's (NYSE:PRT) Price Is Right But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 9.2x PermRock Royalty Trust ( NYSE:PRT ) may be sending bullish signals at...
Articolo di analisi • Dec 19

Returns On Capital Signal Difficult Times Ahead For PermRock Royalty Trust (NYSE:PRT)

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Articolo di analisi • Sep 05

PermRock Royalty Trust (NYSE:PRT) Will Be Hoping To Turn Its Returns On Capital Around

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Seeking Alpha • Feb 17

PermRock Royalty Trust declares $0.0602 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.0602/share monthly dividend, -14.7% decrease from prior dividend of $0.0706. Forward yield 9.72% Payable March 14; for shareholders of record Feb. 28; ex-div Feb. 27. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jan 20

PermRock Royalty Trust declares $0.0706 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.0706/share monthly dividend, -12.5% decrease from prior dividend of $0.0807. Forward yield 11.07% Payable Feb. 14; for shareholders of record Jan. 31; ex-div Jan. 30. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jan 13

Beware Of The Risk That Comes With The 13.8% Yield Of PermRock Royalty Trust

Summary PRT is thriving right now thanks to the favorable price of oil, which has resulted primarily from the Ukrainian crisis. The distributions of PRT in 2022 correspond to an annualized yield of 13.8%. However, PRT is likely to be highly vulnerable whenever the next downturn in the oil industry shows up. PRT suspended its distributions for five consecutive months in 2020 due to the pandemic and its stock plunged 80% at the onset of that crisis. More than a year ago, I stated that PermRock Royalty Trust (PRT) was offering an exceptionally high distribution yield of 10.2% but it was risky from a long-term point of view due to its high vulnerability to the downturns of the oil industry. Since my article, the stock has appreciated 10%, primarily thanks to the unforeseeable crisis in Ukraine, which sent the prices of oil and gas to 13-year highs last year. Given the exceptionally favorable business conditions prevailing right now and the 13.8% distribution yield of the trust, many investors will be enticed to purchase it. However, PermRock remains risky from a long-term perspective. PermRock is an oil and gas trust that was formed in 2017 by Boaz Energy, which is focused on the acquisition and development of oil and natural gas properties in the Permian Basin. PermRock produces oil and gas at an 84/16 ratio. It is thus extremely sensitive to the cycles of the price of oil. Thanks to the unique advantages of the Permian Basin, PermRock has superior production characteristics when compared to other oil and gas trusts. Sabine Royalty Trust (SBR) and Cross Timbers Royalty Trust (CRT) have warned investors that they expect their output to decrease by 6%-8% per year on average in the long run due to the natural decline of their producing wells. On the contrary, the Permian Basin is well known for the long-life reserves of its conventional fields, which are characterized by low decline rates. This helps explain why PermRock has never provided a warning for a decline in its production in the long run, in sharp contrast to most other trusts. Despite the significance of the confidence of PermRock in its future production, it is always important to take a deep look into the proved reserves of an oil and gas trust. The proved reserves of PermRock plunged 51% between the end of 2018 and the end of 2020, from 6.3 million barrels of oil equivalent to 3.1 million barrels of oil equivalent. However, they recovered strongly and stood at 7.6 million barrels at the end of 2021. At the current production rate of about 318,000 barrels in the first nine months of 2022, the proved reserves of the trust are expected to last for 18 years. Nevertheless, investors should be aware that this estimate is not written in stone. As it is evident from the dramatic swings in the estimates of proved reserves from year to year, proved reserves are highly sensitive to the underlying prices of oil and gas. Higher prices make it economical to extract more oil and gas from a given number of wells whereas low prices greatly reduce the amounts of oil and gas that are economical to extract. Overall, as long as commodity prices remain favorable, PermRock is likely to continue producing appreciable amounts of oil and gas for several years. In fact, it can exceed the above estimated life of reserves thanks to water-flooding techniques. On the other hand, if the price of oil enters a prolonged downtrend, it will reduce the amount of economical reserves sharply while it will also greatly reduce the distributable income of the trust. On the bright side, PermRock currently enjoys ideal business conditions. Due to the Russian invasion of Ukraine, the U.S. and Europe have imposed unprecedented sanctions on Russia. Before the sanctions, Russia was producing approximately 10% of global oil output. Due to the sanctions, the global oil market became exceptionally tight and thus the price of oil rallied to a 13-year high shortly after the onset of the war in Ukraine and remained excessive throughout 2022. As a result, PermRock grew its annual distribution per unit 66%, from $0.61 in 2021 to $1.01 in 2022. The new distribution corresponds to an exceptionally high yield of 13.8% at the current stock price. If this distribution was safe, the stock would undoubtedly be extremely attractive at its current price. However, the rally of the prices of oil and gas in 2022 exerted great pressure on numerous households around the globe and thus caused a global energy crisis. Consequently, most countries have greatly accelerated their efforts on transitioning from fossil fuels to renewable energy sources. To this end, a record number of clean energy projects is being developed right now and is expected to come online within the next 2-5 years. When all these renewable energy projects come online, they are likely to exert great pressure on the prices of oil and gas. It is also remarkable that the prices of oil and gas have recently declined below their level just before the onset of the Ukrainian crisis. This is a strong bearish signal, which indicates that the global energy market has absorbed the impact of the war. When all the clean energy projects begin to generate energy, they will probably exert additional pressure on the prices of oil and gas. In such a case, PermRock is likely to be severely hurt. PermRock has proved highly vulnerable to the downturns of the oil industry. As the trust was formed only in late 2017, it has a short history but the coronavirus crisis provided a reliable stress test for the trust. Due to the collapse in the prices of oil and gas in 2020, PermRock suspended its distribution for five consecutive months in that year and then paid a distribution that was 80% lower than the distribution before the pandemic. It is also important to note that the stock of PermRock collapsed at the onset of the pandemic, with an 83% plunge in the first two months of that crisis.
Seeking Alpha • Dec 19

PermRock Royalty Trust declares $0.0807 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.0807/share monthly dividend, -10.7% decrease from prior dividend of $0.0904. Forward yield 13.85% Payable Jan. 17; for shareholders of record Dec. 30; ex-div Dec. 29. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Oct 25

PermRock Royalty Trust declares $0.0933 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.0933/share monthly dividend, in line with previous. Forward yield 14.85% Payable Nov. 15; for shareholders of record Oct. 31; ex-div Oct. 28. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Sep 20

PermRock Royalty Trust declares $0.093 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.093/share monthly dividend, 1.1% increase from prior dividend of $0.092. Forward yield 12.93% Payable Oct. 17; for shareholders of record Sept. 30; ex-div Sept. 29. Oil cash receipts for the properties underlying the Trust totaled $2.89 million for the current month, a decrease of $0.32 million from the prior month's distribution period.  This decrease was due to a decrease in oil prices.  See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Sep 07

PermRock Royalty Trust: Exceptional Yield But High Risk In The Long Run

Summary PermRock Royalty Trust is offering a 9.9% distribution yield. As the price of oil is likely to remain above average in the short run, PRT is likely to continue offering excessive distributions in the upcoming months. On the other hand, the price of oil is infamous for its dramatic cyclicality. As soon as the record number of renewable energy projects, which are under development right now, begin to take their toll on global oil consumption, PRT will have significant downside risk. Almost a year ago, I stated that investors should be aware of the long-term risks of PermRock Royalty Trust (PRT). Since my article, the stock has rallied 30% thanks to the sanctions of western countries on Russia for its invasion in Ukraine. These sanctions have led the prices of oil and gas to 13-year highs this year. Some investors may blame me for poor timing but no-one could have predicted the war in Ukraine. More importantly, while PermRock is likely to continue thriving in the short run, it remains risky from a long-term perspective. Business overview PermRock produces oil and gas in the Permian Basin, at an 84/16 ratio. It thus benefits from the rally of the price of natural gas close to its all-time highs lately but the trust is much more sensitive to the gyrations of the price of oil. Moreover, the merits of producing oil in the most prolific production area of the U.S. are obvious. PermRock owns properties with long-life reserves and decent rates of natural decline. According to its annual report, PermRock currently has 7.6 million barrels of oil equivalent of proved reserves. At its current production rate of approximately 428,000 barrels per year (~214,000 barrels in the first six months of 2022), the trust can continue producing oil and gas for another 17.7 years. Therefore, it has a decent estimated lifetime of reserves. On the other hand, investors should be aware that the reserves of all the oil and gas trusts are extremely sensitive to the underlying prices of oil and gas. Higher commodity prices render greater amounts of oil and gas economically extractable and thus they increase the amounts of proved reserves. On the contrary, when commodity prices are depressed, some reserves become unprofitable and hence the reported proved reserves decline significantly. To provide a perspective, PermRock more than doubled its proved reserves between the end of 2020 and the end of 2021, from 3.1 million barrels to 7.6 million barrels, thanks to the rally of the prices of oil and gas. PermRock is thriving this year thanks to the sanctions of the U.S. and Europe on Russia for its invasion in Ukraine. Before the war in Ukraine, Russia was producing approximately 10% of global oil output and 33% of the natural gas consumed in Europe. As a result, the sanctions of the western countries on Russia have greatly tightened the global markets of oil and gas. It is thus natural that the prices of oil and gas have rallied to 13-year highs this year. As PermRock is much more sensitive to the price of oil, it is better to focus on the outlook of the oil market. Thanks to the rally of the price of oil, PermRock has offered total distributions of $0.89 per unit in the last 12 months. These distributions correspond to an annualized distribution yield of 9.9%, which is undoubtedly attractive on the surface. However, the big question is whether the price of oil can remain excessive for years. Numerous countries have been severely hurt by the ongoing energy crisis. Consequently, they are doing their best to reduce their dependence on oil. Sweden, Norway and Finland have proved exemplary in this aspect, as they are immune to the energy crisis thanks to their excessive investments in renewable energy projects in recent years. Most countries are doing their best to imitate the Scandinavian countries and thus a record number of clean energy projects is under development right now. These projects will definitely take their toll on global oil consumption, though it will probably take at least 2-3 years for their effect to become noticeable, as the projects are currently in their development phase. It is also important to realize that the price of oil reflects future expectations. In other words, as soon as the market focuses on the expected impact of renewable energy projects, it will cause a significant decline of the oil price even if the prevailing conditions in the global oil market are still tight. Moreover, it is remarkable that the price of oil has fallen lately below its level just before the onset of the war in Ukraine. In other words, the current oil price signals that most of the damage caused in the global oil market by the war has already been absorbed via reduced consumption and intense investment in alternative energy sources. The plunge of the oil price below its level before the war is certainly a bearish signal. Whenever the price of oil has traded around $100, a fierce downcycle has ensued, as high oil prices take their toll on consumption while they also provide an incentive for higher production. This cycle is somewhat different, as most oil producers are reluctant to invest in new oil projects due to the secular shift of the world from fossil fuels to clean energy sources. Nevertheless, the decrease in consumption and the expected impact of clean energy projects on global oil consumption are likely to send the oil price much lower in the next few years. After all, the oil industry is infamous for its dramatic cyclicality. Distribution As mentioned above, PermRock is offering an exceptionally high distribution yield. Based on its distributions in the last 12 months, the stock is offering a 9.9% yield. If only the last two monthly distributions are taken into account, they correspond to an annualized yield of 12.0%. Such a high yield is sufficient to attract many income-oriented investors. In the short run, oil prices are likely to remain above average and hence PermRock will probably continue offering exceptionally high distributions in the upcoming months. On the other hand, investors should be aware of the long-term risk of the stock before purchasing it. As mentioned earlier, the current level of the oil price seems unsustainable in the long run and hence investors should be prepared for lower prices in the upcoming years. More importantly, due to its pure upstream nature, PermRock is extremely sensitive to the dramatic cycles of the oil price, much more than the well-known integrated oil majors, such as Exxon Mobil (XOM) and Chevron (CVX).
Articolo di analisi • Aug 22

PermRock Royalty Trust (NYSE:PRT) Is Increasing Its Dividend To $0.092

PermRock Royalty Trust ( NYSE:PRT ) will increase its dividend from last year's comparable payment on the 15th of...
Seeking Alpha • Aug 19

PermRock Royalty Trust declares $0.092 dividend

PermRock Royalty Trust (NYSE:PRT) declares $0.092/share monthly dividend, 1.4% increase from prior dividend of $0.091. Forward yield 12.27% Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 19

PermRock Royalty Trust cuts dividend by 9% to $0.0907

PermRock Royalty Trust (NYSE:PRT) declares $0.0907/share monthly dividend, -9.4% decrease from prior dividend of $0.1001. Forward yield 12.27% Payable Aug. 12; for shareholders of record July 29; ex-div July 28. See PRT Dividend Scorecard, Yield Chart, & Dividend Growth.

In questa sezione di solito presentiamo le proiezioni di crescita dei ricavi e degli utili basate sulle stime di consenso degli analisti professionisti per aiutare gli investitori a capire la capacità della società di generare profitti. Tuttavia, poiché PermRock Royalty Trust non ha fornito dati sufficienti sul passato e non ha previsioni degli analisti, i suoi utili futuri non possono essere calcolati in modo affidabile estrapolando i dati passati o utilizzando le previsioni degli analisti.

Si tratta di una situazione piuttosto rara, dato che il 97% delle società coperte da SimplyWall St dispone di dati finanziari passati.

Previsioni di crescita degli utili e dei ricavi

NYSE:PRT - Stime future degli analisti e dati finanziari passati (USD Millions )
DataRicaviUtiliFlusso di cassa liberoLiquidità dell'operazioneAvg. Numero di analisti
12/31/202565N/AN/AN/A
9/30/202565N/AN/AN/A
6/30/202565N/AN/AN/A
3/31/202566N/AN/AN/A
12/31/202465N/AN/AN/A
9/30/202465N/AN/AN/A
6/30/202465N/AN/AN/A
3/31/202465N/AN/AN/A
12/31/202376N/AN/AN/A
9/30/202398N/AN/AN/A
6/30/20231110N/AN/AN/A
3/31/20231312N/AN/AN/A
12/31/20221312N/AN/AN/A
9/30/20221211N/AN/AN/A
6/30/20221110N/AN/AN/A
3/31/2022109N/AN/AN/A
12/31/202187N/AN/AN/A
9/30/202166N/AN/AN/A
6/30/202154N/AN/AN/A
3/31/202132N/AN/AN/A
12/31/202032N/AN/AN/A
9/30/202043N/AN/AN/A
6/30/202075N/AN/AN/A
3/31/2020108N/AN/AN/A
12/31/2019109N/AN/AN/A
9/30/20191211N/AN/AN/A
6/30/20191413N/AN/AN/A
3/31/20191514N/AN/AN/A
12/31/20181616N/AN/AN/A

Previsioni di crescita futura degli analisti

Guadagni vs tasso di risparmio: Dati insufficienti per determinare se la crescita degli utili prevista PRT è superiore al tasso di risparmio ( 3.5% ).

Guadagni vs Mercato: Dati insufficienti per determinare se si prevede che gli utili di PRT cresceranno più velocemente del mercato US

Guadagni ad alta crescita: Dati insufficienti per determinare se si prevede che gli utili di PRT cresceranno in modo significativo nei prossimi 3 anni.

Ricavi vs Mercato: Dati insufficienti per determinare se si prevede che i ricavi di PRT cresceranno più rapidamente del mercato US.

Ricavi ad alta crescita: Dati insufficienti per determinare se si prevede che i ricavi di PRT cresceranno più rapidamente di 20% all'anno.

Previsioni di crescita dell'utile per azione

Rendimento futuro del capitale proprio

ROE futuro: Dati insufficienti per determinare se il Return on Equity di PRT è previsto essere elevato tra 3 anni

Scoprire le aziende in crescita

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1Y

7D

1Y

7D

1Y

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/22 13:38
Prezzo dell'azione a fine giornata2026/05/22 00:00
Utili2025/12/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

PermRock Royalty Trust è coperta da 2 analisti. 0 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Mark LearJefferies LLC
Timothy HowardStifel, Equities Research