Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

PermRock Royalty Trust T.PRT


Primary Symbol: PRT

PermRock Royalty Trust (the Trust) is a statutory trust. The Trust owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned by Boaz Energy II, LLC (Boaz Energy) in the Permian Basin of West Texas. The underlying properties consist of about 31,354 gross (22,394 net) acres in the Permian Basin. The Permian Basin extends over 75,000 square miles in West Texas and Southeastern New Mexico. The underlying properties consist of four operating areas. Permian Clearfork area consists of about 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry Counties, Texas. Permian Abo area consists of about 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran Counties, Texas. Permian Shelf area consists of about 14,390 net acres on the Eastern Shelf of the Permian Basin. Permian Platform area consists of about 3,903 net acres.


NYSE:PRT - Post by User

Post by agent81on Aug 23, 2012 2:53pm
224 Views
Post# 20253330

+6% today

+6% today

Wow I guess that answers that question. Canaccord just bought 18k shares at market with most of it at $3.25. Current bid ask $3.28/$3.33. And the 50k buy at $3.00 is still there.  Any news out there to precipitate this? I would say time to jump on for more but there is not a lot of bid volume below that. A large sell at market would bring the price right back down.

Current bids: 200 @ $3.28,  2500 @ $3.27,  700 @ $3.25, and then nothing until 300 @ $3.07

 

 

<< Previous
Bullboard Posts
Next >>