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Permianville Royalty Trust Announces Monthly Operational Update
Business Wire (Tue, 18-Feb 4:15 PM ET)
Permianville Royalty Trust is a statutory trust which holds net profits interests in the profits from the sale of oil and natural gas production the sale of oil and natural gas production from primarily non-operated assets of both conventional properties in the States of Texas, Louisiana, and New Mexico as well as unconventional assets in the Permian and Haynesville basins.
Permianville Royalty Trust Trust Units trades on the NYSE stock market under the symbol PVL.
As of March 3, 2025, PVL stock price climbed to $1.48 with 94,300 million shares trading.
PVL has a beta of 0.22, meaning it tends to be less sensitive to market movements. PVL has a correlation of 0.00 to the broad based SPY ETF.
PVL has a market cap of $48.84 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, PVL traded as high as $5.79 and as low as $1.03.
PVL has underperformed the market in the last year with a return of +6.5%, while the SPY ETF gained +16.7%. In the last 3 month period, PVL fell short of the market, returning -5.0%, while SPY returned -2.2%. However, in the most recent 2 weeks PVL has outperformed the stock market by returning +5.0%, while SPY returned -4.3%.
PVL support price is $1.42 and resistance is $1.49 (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 PVL shares will trade within this expected range on the day.