Permian Basin Royalty Trust Plans 0.03 Monthly Dividend
| PBT Stock | USD 9.47 0.57 5.68% |
Slightly above 62% of Permian Basin's investor base is looking to short. The current sentiment regarding investing in Permian Basin Royalty stock implies that many traders are alarmed. Permian Basin's investing sentiment can be driven by a variety of factors including economic data, Permian Basin's earnings reports, geopolitical events, and overall market trends.
Permian Basin Royalty Trust declared a monthly dividend on Monday, October 21st, Wall Street Journal reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.03 per share by the oil and gas producer on Friday, November 15th. This represents a 0.36 annualized dividend and a
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Permian Basin Fundamental Analysis
We analyze Permian Basin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Permian Basin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Permian Basin based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Permian Basin is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Permian Basin Royalty Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Permian Basin stock to make a market-neutral strategy. Peer analysis of Permian Basin could also be used in its relative valuation, which is a method of valuing Permian Basin by comparing valuation metrics with similar companies.
Peers
Permian Basin Related Equities
| FRO | Frontline | 3.85 | ||||
| GEL | Genesis Energy | 1.23 | ||||
| HESM | Hess Midstream | 0.98 | ||||
| GLNG | Golar LNG | 0.60 | ||||
| PAGP | Plains GP | 0.29 | ||||
| STNG | Scorpio Tankers | 0.02 | ||||
| LNG | Cheniere Energy | 0.45 | ||||
| LPG | Dorian LPG | 0.45 | ||||
| WES | Western Midstream | 0.61 | ||||
| TRMD | Torm PLC | 0.76 | ||||
| DTM | DT Midstream | 1.14 | ||||
| MPLX | MPLX LP | 1.66 | ||||
| PAA | Plains All | 2.77 |
Additional Tools for Permian Stock Analysis
When running Permian Basin's price analysis, check to measure Permian Basin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Permian Basin is operating at the current time. Most of Permian Basin's value examination focuses on studying past and present price action to predict the probability of Permian Basin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Basin's price. Additionally, you may evaluate how the addition of Permian Basin to your portfolios can decrease your overall portfolio volatility.