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Security Profile
- Security Type
- U.S. Royalty Trust
- CUSIP
- 714254109
- Market Cap
- Small Cap · $182 Million
- IPO
- 5/2/2018 · $17.00/unit
Business: PermRock Royalty Trust is a Delaware statutory trust formed in November 2017 by Boaz Energy, a portfolio company of NGP that is focused on the acquisition, development and operation of oil and natural gas properties in the Permian Basin. PermRock Royalty Trust will own a Net Profits Interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from the Underlying Properties, which are located in the Permian Basin in Texas and are held by Boaz Energy as of the date of the conveyance of the Net Profits Interest to the trust.
Company Contact
- Headquarters
- P.O. Box 470727 Fort Worth, TX 76147
- Phone
- 855-588-7839
- Fax
- 817-298-5579
- Investor Relations
- Ron Hooper, Simmons Bank · 855-588-7839 · trustee@permrock.com