PermRock Royalty Trust acquires and holds the Net Profits Interest for the benefit of its unitholders. The Net Profits Interest entitles Co. to receive 80% of the net profits from the sale of oil and natural gas production from the Underlying Properties. The Underlying Properties consist of the following four operating areas: the Permian Clearfork area located in Hockley and Terry Counties, TX; the Permian Abo area located in Terry and Cochran Counties, TX; the Permian Shelf area located in Glasscock, Schleicher, Stonewall and Coke Counties, TX; and the Permian Platform area located in Ward, Crane, Terry and Ector Counties, TX. The PRT YTD return is shown above.
The YTD Return on the PRT YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether PRT YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PRT YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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