Permianville Royalty Trust Overview
Pro stress-test →Permianville Royalty Trust is a Delaware statutory trust that acquires and holds net profits interests representing the right to receive 80% of net profits from oil and natural gas production from properties in Texas, Louisiana, and New Mexico, including unconventional assets in the Permian and Haynesville basins. The trust operates as a passive income vehicle, distributing monthly cash to unitholders based on underlying production revenues.
Strategic Profile
Pro stress-test →The trust's current cash flow derives from oil production receipts averaging $52.05/barrel and natural gas receipts at $3.60/Mcf. The sponsor is building reserves for planned Haynesville well development, signaling reinvestment in production assets. The trust maintains a lean operational structure with high distribution yields targeting income-focused investors.
Competitive Landscape
Pro stress-test →Originally formed as Enduro Royalty Trust in 2011 and renamed Permianville Royalty Trust in September 2018. Competes within the royalty trust segment against other net-profit-interest holders in the Permian and Haynesville production regions. The trust's 80% net profit interest structure differentiates it from traditional mineral royalty trusts with fixed royalty rates.
Industry Context
Permianville Royalty Trust operates in Oil and Gas Exploration and Production / Royalty Trusts.
Key facts
Founded: 2011 · Headquarters: Houston, Texas · Market cap: $62.04M