Permianville Royalty Trust (NYSE:PVL - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.04 EPS for the quarter, Zacks reports. Permianville Royalty Trust had a net margin of 12.60% and a return on equity of 13.73%. The firm had revenue of $14.27 million for the quarter.
Permianville Royalty Trust Stock Performance
Permianville Royalty Trust stock traded down $0.01 during midday trading on Friday, hitting $1.56. 24,486 shares of the company's stock were exchanged, compared to its average volume of 78,840. Permianville Royalty Trust has a 12-month low of $1.03 and a 12-month high of $1.96. The stock has a market cap of $51.32 million, a price-to-earnings ratio of 7.41 and a beta of 0.89. The firm's 50 day simple moving average is $1.48 and its 200 day simple moving average is $1.52.
Permianville Royalty Trust Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a dividend of $0.0085 per share. The ex-dividend date is Monday, March 31st. Permianville Royalty Trust's payout ratio is currently 38.10%.
About Permianville Royalty Trust
(
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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.
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