Streetbeat News

PVL

Permianville Royalty Trust

https://www.permianvilleroyaltytrust.com

Industry

Oil & Gas Exploration & Production

Permianville Royalty Trust operates as a statutory trust. It owns a 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. The company was formerly known as Enduro Royalty Trust and changed its name to Permianville Royalty Trust in September 2018. Permianville Royalty Trust was incorporated in 2011 and is based in Houston, Texas.

Open

1.35

Mkt cap

44M

Volume

40K

High

1.35

P/E Ratio

6.65

52-wk high

1.96

Low

1.33

Div yield

0.06

52-wk low

1.03

Selective Insurance Group (NASDAQ:SIGI) shares fell 14.8% after reporting weak quarterly results, missing both earnings and sales estimates. Other notable stock movements include Augmedix (NASDAQ:AUGX) surging 148.8% on acquisition news, and SunPower Corporation (NASDAQ:SPWR) dropping 45.8% following an operational pause and analyst downgrade.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:24 pm

The article highlights three energy stocks that are considered oversold based on their Relative Strength Index (RSI) values, suggesting they may be undervalued and poised for a potential rebound. San Juan Basin Royalty Trust (SJT), Hallador Energy Company (HNRG), and Permianville Royalty Trust (PVL) are identified as major oversold players in the energy sector with RSI values near or below 30. SJT recently settled with Hilcorp for $1.04 million, HNRG reported downbeat quarterly earnings despite high coal sales prices, and PVL provided a monthly operational update.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 11:52 am

Permianville Royalty (NYSE:PVL) announced a monthly dividend of 7.73 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning PVL stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on November 22, 2023. The stock is expected to open 7.73 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 2:45 pm

Permianville Royalty Trust has declared a second special cash distribution of $0.077250 per unit, payable on November 22, 2023 to unitholders of record on November 16, 2023. This distribution is from the net proceeds of the Permian Basin divestiture.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 9:19 pm

Several energy stocks experienced significant movement in Monday's pre-market session. Mammoth Energy Services (TUSK), US Energy (USEG), Patterson-UTI Energy (PTEN), Magnolia Oil & Gas (MGY), Permianville Royalty (PVL), and CrossAmerica Partners (CAPL) all saw increases, while BitNile Metaverse (BNMV) experienced a decline.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 1:06 pm

Permianville Royalty Trust has declared a special cash distribution of $0.069670 per unit from the net proceeds of its Permian Basin divestiture.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:56 pm

Permianville Royalty (NYSE:PVL) has announced a monthly dividend of 0.9 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 2:45 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Among the gainers were China SXT Pharmaceuticals, Timber Pharmaceuticals, and MediaCo Holding, while the losers included AgileThought, Napco Security Technologies, and Super League Gaming. The article also mentions that Palo Alto Networks rose after reporting better-than-expected Q4 earnings and a strong billings outlook, and that Moderna rose after announcing that preliminary clinical trial data confirmed its updated COVID-19 vaccine showed a significant boost in neutralizing antibodies against certain variants.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 6:36 pm

Permianville Royalty Trust (PVL) unitholders have approved a proposal for the Trust's sponsor, COERT Holdings I, LLC, to sell certain oil and natural gas properties in the Permian Basin. The net proceeds from the sale will be distributed to the unitholders. The sale is expected to close before August 31, 2023, and the distribution of proceeds will occur within 45 days of the closing.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 8:27 pm

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