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PermRock Royalty Trust Declares Monthly Cash Distribution
PRNewswire (Tue, 21-Jul 6:30 AM ET)
PermRock Royalty Trust operates as a statutory trust. Its purpose is to own the Net Profits Interest, to distribute to the Trust unitholders cash that it receives in respect of the Net Profits Interest, and to perform certain administrative functions. The Net Profits Interest entitles the trust to receive 80% of the net profits from the sale of oil and natural gas production from the underlying properties of its trustor.
Permrock Royalty Trust Units Of Beneficial Interest trades on the NYSE stock market under the symbol PRT.
As of August 7, 2026, PRT stock price declined to $2.23 with 47,984 million shares trading.
PRT has a beta of -0.72, meaning it tends to be less sensitive to market movements. PRT has a correlation of 0.03 to the broad based SPY ETF.
PRT has a market cap of $27.13 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, PRT traded as high as $6.99 and as low as $1.82.
PRT has underperformed the market in the last year with a price return of -39.8% while the SPY ETF gained +23.5%. PRT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.7% and +1.5%, respectively, while the SPY returned +6.0% and +4.6%, respectively.
PRT support price is $2.16 and resistance is $2.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PRT shares will trade within this expected range on the day.