Permianville Royalty Trust Trust Units (NYSE:PVL) traded at a new 52-week high today of $5.29. Approximately 263,000 shares have changed hands today, as compared to an average 30-day volume of 256,000 shares.
Permianville Royalty Trust is a statutory trust which holds net profits interests in the profits from the sale of oil and natural gas production the sale of oil and natural gas production from primarily non-operated assets of both conventional properties in the States of Texas, Louisiana, and New Mexico as well as unconventional assets in the Permian and Haynesville basins.
In the past 52 weeks, shares of Permianville Royalty Trust Trust Units have traded between a low of $1.64 and a high of $5.29 and is now at $5.27, which is 221% above that low price.
Permianville Royalty Trust Trust Units (NYSE:PVL) defies analysts with a current price ($5.27) 55.1% above its average consensus price target of $2.37.
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