PermRock Royalty Trust (PRT) AI Stock Analysis

Headquartered in Fort Worth, Texas, PermRock Royalty Trust holds an 80% net profits interest in oil and natural gas production properties originally acquired by Boaz Energy II, LLC. The trust's underlying portfolio spans 22,997 net acres across key regions in the Permian Basin. This includes 2,434 net acres in Hockley and Terry counties on the Central Basin Platform, 1,667 net acres in Terry and Cochran counties, 14,727 net acres on the Eastern Shelf across Glasscock, Schleicher, Stonewall, and Coke counties, and 4,169 net acres across Ward, Crane, Terry, and Ector counties. PermRock Royalty Trust focuses on generating returns from production and development across these properties.

PermRock Royalty Trust experienced revenue contractions following a peak of $13.2M in FY2022. Revenue fell 45.5% to $7.2M in FY2023, decreased 16.3% to $6.0M in FY2024, and declined 6.8% to $5.6M in FY2025. Net income dropped from $12.3M in FY2022 to $4.7M in FY2025, with net margins remaining high at 84.0% in FY2025. Over the 5-year span from FY2020 to FY2025, revenue grew at a compound annual growth rate of 12.0%. For the trailing twelve months, revenue reached $3.7M with an operating margin of 57.9%. In the latest quarter ended June 30, 2026, quarterly revenue declined 54.6% year-over-year, and quarterly earnings decreased 65.9%.

As of June 30, 2026, PermRock Royalty Trust held $1.4M in cash and short-term investments, with total assets of $27.4M and shareholders' equity of $27.1M. The trust maintains a current ratio of 3.70. Operating cash flow and free cash flow were both -$4.16B in FY2023. Over the past five years, the trust's share count change was 0.0%.

PRT trades at a trailing price-to-earnings multiple of 7.6x and a forward price-to-earnings multiple of 9.6x, compared to medians of 15.0x and 12.7x, respectively, for the median of its US-listed Energy peers. Its enterprise value-to-EBITDA stands at 8.1x, relative to the peer group median of 8.0x, while its price-to-sales multiple is 6.0x against the peer median of 1.8x. Over the past year, the trust's unit price fell 49.4%, while the S&P 500 benchmark gained 16.8%. Over a 5-year timeframe, PRT units declined 57.2%, trailing the S&P 500 return of 83.0%.

PermRock Royalty Trust pays monthly dividends, featuring an annualized forward dividend of $0.24 per unit and a dividend yield of 12.87%. The trust has paid dividends for 9 consecutive years, delivering a 5-year annualized dividend growth rate of 19.9%. Its payout ratio stands at 41.3%, with the most recent ex-dividend date on September 30, 2026.

Wall Street analysts carry a mean price target of $2.00 for PRT, representing an implied upside of 9.3% relative to its last closing price of $1.83 on October 16, 2026. PermRock Royalty Trust has beaten earnings per share estimates in 4 of its last four quarters. The trust's next scheduled earnings date is November 12, 2026.

This page is an AI-written research summary of PermRock Royalty Trust (PRT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PRT income statement, PRT balance sheet, PRT key metrics, PRT chart. See the PRT stock overview for the latest quote and news.