PermRock Royalty Trust IPO Research Information

PermRock Royalty Trust IPO Advisory

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For IPO Boutique's "scale of 1 to 5" BUY rating on PermRock Royalty Trust, and our comprehensive analysis, click "Buy Market Research".

Company	Symbol	Price Range	Issue Price	Open	Shares	Trade Date
PermRock Royalty Trust	PRT - NYSE	$19.00-$21.00	$17.00	$16.00	6.25 million trust units	5/2/2018
Underwriter(s): Wells Fargo Securities, Goldman Sachs & Co., UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel, Oppenheimer & Co.
Co-Manager(s): BB&T Capital Markets, Janney Montgomery Scott
Industry: Energy
Filing(s): Filed 2018-04-06 Terms Added 2018-04-23 Final Prospectus 2018-05-03

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About PermRock Royalty Trust (adapted from PermRock Royalty Trust prospectus):
They are a Delaware statutory trust formed in November 2017 by Boaz Energy, a portfolio company of NGP that is focused on the acquisition, development and operation of oil and natural gas properties in the Permian Basin.

This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.

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