PermRock Royalty Trust (PermRock Royalty Trust) Market Cap : $50.49 Mil (As of Apr. 29, 2024)

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What is PermRock Royalty Trust Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PermRock Royalty Trust's share price for the quarter that ended in Dec. 2023 was $4.42. PermRock Royalty Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 12.17 Mil. Therefore, PermRock Royalty Trust's market cap for the quarter that ended in Dec. 2023 was $53.77 Mil.

PermRock Royalty Trust's quarterly market cap increased from Jun. 2023 ($66.30 Mil) to Sep. 2023 ($80.54 Mil) but then declined from Sep. 2023 ($80.54 Mil) to Dec. 2023 ($53.77 Mil).

PermRock Royalty Trust's annual market cap increased from Dec. 2021 ($85.16 Mil) to Dec. 2022 ($93.80 Mil) but then declined from Dec. 2022 ($93.80 Mil) to Dec. 2023 ($53.77 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PermRock Royalty Trust's Enterprise Value for Today is $48.02 Mil.

PermRock Royalty Trust Market Cap Historical Data

The historical data trend for PermRock Royalty Trust's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PermRock Royalty Trust Market Cap Chart

PermRock Royalty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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65.45

31.75

85.16

93.80

53.77

PermRock Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															93.80	84.67	66.30	80.54	53.77

Competitive Comparison of PermRock Royalty Trust's Market Cap

For the Oil & Gas E&P subindustry, PermRock Royalty Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PermRock Royalty Trust's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PermRock Royalty Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where PermRock Royalty Trust's Market Cap falls into.

PermRock Royalty Trust Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

PermRock Royalty Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$4.42	*	12.1657
	=	$53.77

PermRock Royalty Trust's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$4.42	*	12.1657
	=	$53.77

PermRock Royalty Trust (NYSE:PRT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

PermRock Royalty Trust Market Cap Related Terms

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PermRock Royalty Trust (PermRock Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PermRock Royalty Trust (NYSE:PRT) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Blvd, Suite 850, Argent Trust Company, Trustee, Dallas, TX, USA, 75219-6291

Website

http://www.permrock.com

PermRock Royalty Trust operates as a statutory trust. It is focused on the acquisition, development, and operation of oil and natural gas properties in the Permian Basin.

Executives

Boaz Energy Ii, Llc	10 percent owner	3300 N. A STREET BLDG. 7 #150, MIDLAND TX 79705
Karan E Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Marshall J Eves	10 percent owner	3300 N. A. STREET, BUILDING 7, MIDLAND TX 79705
Ngp X Us Holdings Lp	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039
Ngp Boaz Energy Ii Co-invest Llc	10 percent owner	5221 N. O'CONNOR BOULEVARD, SUITE 1100, IRVING TX 75039