Analyzing PermRock Royalty Trust (PRT) & Its Competitors

PermRock Royalty Trust (NYSE: PRT) is one of 179 publicly-traded companies in the “Crude petroleum & natural gas” industry, but how does it contrast to its peers? We will compare PermRock Royalty Trust to similar companies based on the strength of its earnings, valuation, institutional ownership, risk, analyst recommendations, profitability and dividends.

Institutional and Insider Ownership

53.6% of PermRock Royalty Trust shares are owned by institutional investors. Comparatively, 61.1% of shares of all “Crude petroleum & natural gas” companies are owned by institutional investors. 10.3% of shares of all “Crude petroleum & natural gas” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares PermRock Royalty Trust and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PermRock Royalty Trust N/A 19.20% 18.96%
PermRock Royalty Trust Competitors -7.45% 4.08% 6.84%

Analyst Ratings

This is a breakdown of recent recommendations for PermRock Royalty Trust and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PermRock Royalty Trust 0 1 0 0 2.00
PermRock Royalty Trust Competitors 2098 8473 12156 397 2.47

PermRock Royalty Trust presently has a consensus price target of $10.00, suggesting a potential upside of 26.10%. As a group, “Crude petroleum & natural gas” companies have a potential upside of 60.42%. Given PermRock Royalty Trust’s peers stronger consensus rating and higher possible upside, analysts plainly believe PermRock Royalty Trust has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares PermRock Royalty Trust and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PermRock Royalty Trust $16.24 million $15.59 million 6.20
PermRock Royalty Trust Competitors $11.08 billion $791.78 million 9.34

PermRock Royalty Trust’s peers have higher revenue and earnings than PermRock Royalty Trust. PermRock Royalty Trust is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

PermRock Royalty Trust has a beta of 1.85, suggesting that its share price is 85% more volatile than the S&P 500. Comparatively, PermRock Royalty Trust’s peers have a beta of 1.80, suggesting that their average share price is 80% more volatile than the S&P 500.

Dividends

PermRock Royalty Trust pays an annual dividend of $0.87 per share and has a dividend yield of 11.0%. PermRock Royalty Trust pays out 68.0% of its earnings in the form of a dividend. As a group, “Crude petroleum & natural gas” companies pay a dividend yield of 3.1% and pay out 44.7% of their earnings in the form of a dividend.

Summary

PermRock Royalty Trust peers beat PermRock Royalty Trust on 10 of the 15 factors compared.

PermRock Royalty Trust Company Profile

PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in the Permian Basin, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

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