PermRock Royalty Trust
A trust distributing monthly profits from Permian Basin oil & gas properties to investors.
PRT | NYSE
Overview
Corporate Details
- ISIN(s):
- N/A
- LEI:
- Country:
- United States of America
- Address:
- ARGENT TRUST COMPANY, TRUSTEE, 75219 DALLAS
- Website:
- http://www.permrock.com/
- Sector:
- Mining and quarrying
- Industry:
- Extraction of crude petroleum
Description
PermRock Royalty Trust is a Delaware statutory trust formed to own a perpetual 80% net profits interest (NPI) in a portfolio of oil and natural gas producing properties located in the Permian Basin of West Texas. The Trust's principal business activity is to collect net profits from these underlying properties and distribute the resulting net cash flow to its unitholders through monthly distributions. Functioning as a flow-through grantor trust for tax purposes, it provides investors with direct exposure to the performance of its fixed asset base. The Trust's governing documents prohibit it from acquiring additional properties, incurring debt, or engaging in most hedging activities.
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Filings
| Date | Filing | Language | Size | Actions | |
|---|---|---|---|---|---|
| No filings match the current criteria. | |||||
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Market Data
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Financials & KPIs
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||