| Permianville Royalty Trust is a statutory trust, engaged in acquiring and holding for the benefit of its unitholders a net profits interest representing the right to receive net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico. We show 6 historical shares outstanding datapoints in our coverage of PVL's shares outstanding history.|
Understanding the changing numbers of PVL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PVL versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PVL by allowing them to research PVL shares outstanding history
as well as any other stock in our coverage universe.