Permianville Royalty Trust

What Permianville Royalty Trust does

Permianville Royalty Trust is a Delaware-style statutory royalty trust that holds net profits interests in oil and gas properties and distributes the resulting net proceeds to its unitholders on a monthly basis. The trust's economic function is purely passive: it does not operate wells, market hydrocarbons, or employ drilling capital. Rather, it receives net profits income from upstream operators of the contributing properties and, after deducting trust-level administrative expenses and any reserves, distributes substantially all of that income to unitholders in proportion to units held.

The trust's revenue mechanics are driven by commodity volumes produced from the underlying properties multiplied by realized oil and gas prices, net of operator-level production costs, capital expenditures, and taxes at the property level. As of October 2025, the trust declared a monthly cash distribution of $0.03 per unit, illustrating the per-unit cash yield that reflects current commodity price levels and underlying production volumes. No product roadmap, technology platform, proprietary model, or operating infrastructure is associated with the entity, consistent with the structural passivity of a royalty trust.

Permianville Royalty Trust is based in Austin, United States, was founded in 2011, and is described as having between 101 and 250 employees — a headcount figure that, given the passive nature of a royalty trust, likely reflects the administrative staff of the trustee or a related sponsor entity rather than operational field personnel. The trust serves unitholders who hold units in a publicly traded vehicle offering exposure to Permian Basin oil and gas economics without direct operational or capital deployment risk.

Name

Permianville Royalty Trust

Legal name

Permianville Royalty Trust

Website

https://permianvilleroyaltytrust.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Permianville Royalty Trust is a passive royalty trust that holds net profits interests in oil and gas properties and distributes the resulting income to its unitholders on a monthly basis.

Ownership category

akta.pro rank

Product category

Oil and Gas Royalty Trust

NAICS

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (53311), Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533)

SIC

Oil Royalty Traders (6792), Mineral Royalty Traders (6795)

akta.pro primary industry

Real Assets — Oil & Gas / Energy Royalties (Mineral Rights, Midstream Royalties) (FSAHAIAL)

akta.pro secondary industries

Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming) (FSAHAIAK), Natural Resources Funds (Timberland, Farmland, Minerals) (FSANAEAK)

Keywords

• Oil and gas royalties
• Net profits interests
• Royalty trust units
• Energy income distributions
• Mineral rights assets

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Others

Core offering

Permianville Royalty Trust holds net profits interests in oil and gas properties and distributes income to unitholders. The trust derives its revenue from oil and natural gas sales generated by its underlying royalty interests and pays monthly cash distributions to unitholders on a per-unit basis.

Differentiator

Problem solved

Functional benefit

Products and services

• Net Profits Interests in Oil and Gas Properties
• Monthly Cash Distributions to Unitholders

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• Black Stone Minerals: Black Stone Minerals is one of the largest U.S. mineral and royalty owners, with significant Permian basin exposure. It is directly comparable to Permianville Royalty Trust in that both monetize mineral and royalty interests rather than operating wells.
• Sabine Royalty Trust: Sabine Royalty Trust is a publicly traded trust that holds royalty and overriding royalty interests in oil and gas properties across multiple states. It is directly comparable as a royalty income vehicle structured similarly to Permianville Royalty Trust.
• Cross Timbers Royalty Trust: Cross Timbers Royalty Trust holds net profits interests in oil and gas properties principally located in Oklahoma and Texas. It is a direct peer because of its identical net profits interest structure and similar pass-through distribution model.
• Dorchester Minerals: Dorchester Minerals is a publicly traded partnership that owns royalty and mineral interests across multiple U.S. basins, including Permian exposure. It is a direct peer because it generates revenue by holding net profits and overriding royalty interests similar to Permianville Royalty Trust.
• Kimbell Royalty Partners: Kimbell Royalty Partners owns mineral and royalty interests across major U.S. basins including the Permian. It is a direct peer because its business model — passive royalty income from oil and gas properties — is essentially the same as Permianville Royalty Trust.
• Hugoton Royalty Trust: Hugoton Royalty Trust holds net profits interests in oil and gas properties in Oklahoma, Kansas, and Wyoming. It is directly comparable to Permianville Royalty Trust in structure, although its geographic focus is Hugoton rather than Permian.
• Permian Basin Royalty Trust: Permian Basin Royalty Trust holds overriding royalty interests in Texas Permian basin properties and pays monthly distributions. It is a direct peer with nearly identical structure, geography, and revenue mechanism as Permianville Royalty Trust.
• Viper Energy Partners: Viper Energy Partners is a mineral and royalty acquisition company with significant Permian basin exposure. It is directly comparable to Permianville Royalty Trust in business model — generating revenue from mineral and royalty interests rather than operations — while being structured as a partnership.
• Mesa Royalty Trust: Mesa Royalty Trust is a Texas-based royalty trust that holds net profits interests in oil and gas properties. It is directly comparable to Permianville Royalty Trust because both are pass-through royalty trust vehicles distributing production-based income to unit holders.

Broad incumbents

• Sitio Royalties: Sitio Royalties (formed via the merger of Brigham Minerals and Sitio) is a large-scale, broadly diversified mineral and royalty platform with multi-basin U.S. exposure. It is comparable as a broader incumbent in the mineral/royalty space, but it operates at significantly larger scale and across multiple basins, distinguishing it from Permianville's narrower Permian focus.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Permianville Royalty Trust