Permianville Royalty Trust (PVL)

Overview

Permianville Royalty Trust operates as a dedicated statutory trust, focusing on specific aspects of the energy sector. The trust engages in the acquisition and holding of net profits interests, which essentially grant it the right to a significant portion of the net profits from the sale of oil and natural gas. These properties, from which Permianville derives its revenues, are strategically located across three key states in the United States: Texas, Louisiana, and New Mexico. Initially established under the name Enduro Royalty Trust, the company underwent a rebranding phase in September 2018, adopting the name Permianville Royalty Trust to reflect its renewed focus and strategic direction. Since its incorporation in 2011, Permianville has been headquartered in Houston, Texas, positioning itself in the heart of the energy industry and leveraging the state's rich resources and infrastructural capabilities to manage its operations efficiently.

Products and Services

• Net Profits Interest in Oil and Natural Gas Production

Permianville Royalty Trust's primary service entails the acquisition and holding of net profits interests, which represent the right to receive 80% of the net profits from the sale of oil and natural gas production. This service is grounded in the trust's strategic acquisition of properties in Texas, Louisiana, and New Mexico, where it leverages its expertise to optimize the profitability of oil and gas production. Through this unique business model, Permianville offers investors an opportunity to indirectly participate in the energy sector, particularly in the profitable arenas of oil and natural gas production, without bearing the operational costs and risks associated with direct involvement in these ventures.