Permianville Royalty Trust (NYSE:PVL)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $2.51 and last traded at $2.57, with a volume of 1400 shares trading hands. The stock had previously closed at $2.73.
The company has a market cap of $90.09 million, a P/E ratio of 1.98 and a beta of 0.62.
Permianville Royalty Trust (NYSE:PVL) last issued its earnings results on Wednesday, August 8th. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.08. Permianville Royalty Trust had a net margin of 98.57% and a return on equity of 49.87%. The business had revenue of $13.61 million for the quarter. Analysts expect that Permianville Royalty Trust will post 0.18 EPS for the current year.
The company also recently declared a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be paid a dividend of $0.0071 per share. This represents a $0.09 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Tuesday, October 30th. Permianville Royalty Trust’s dividend payout ratio (DPR) is 6.62%.
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Permianville Royalty Trust Company Profile (NYSE:PVL)
Permianville Royalty Trust operates a statutory trust. It owns a net profits interest representing the right to receive an 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 held by Enduro Resource Partners LLC.
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