PermRock Royalty Trust operates as a statutory trust in the United States. The company owns interests in the oil and natural gas producing properties. Its underlying properties consist of 22,394 net acres located in the Permian Basin. The company was incorporated in 2017 and is based in Dallas, Texas.
Full PRT analysis →
Competitive advantage assessment
Key strengths
Margins Consistently Above PeersGross margin at 100.0% (top 2%) and operating margin at 84.0% (top 4%) indicate strong pricing power.
Margins Stable Across CyclesOperating margin volatility is low (stability score 0.97), demonstrating pricing resilience across cycles.
Key risks
Revenue Volatility Signals Weak StickinessRevenue volatility is high (stability score 0.25), suggesting weak customer stickiness.
PermRock Royalty Trust Trust ranks #15 of 93
scored companies in Oil & Gas E&P by moat score — the top 16%.
The widest moat in the group is Texas Pacific Land Corporation (TPL)
at 84/100.
Moat scores for companies ranked near PRT in Oil & Gas E&P
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 65
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 11
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 78
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 57
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 85
· 15% of the moat score
Scale matters only when it converts into economics.
What is PermRock Royalty Trust Trust's moat score?
PermRock Royalty Trust Trust (PRT) scores 68 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #15 of 93 scored companies in Oil & Gas E&P, the top 16%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 92 companies in Oil & Gas E&P. Its strongest defense is Pricing Power (97/100) and its weakest is Customer Stickiness (11/100).
How does PermRock Royalty Trust Trust compare with other Oil & Gas E&P companies?
PermRock Royalty Trust Trust ranks #15 of 93 scored companies in Oil & Gas E&P by moat score. The widest moat in Oil & Gas E&P is Texas Pacific Land Corporation (TPL) at 84/100. The companies ranked closest are SandRidge Energy, Inc. (SD) at 68 just above it and APA Corporation (APA) at 67 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 92 companies in Oil & Gas E&P. The defenses are then weighted to produce the overall score out of 100.
Why is PermRock Royalty Trust Trust scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for PermRock Royalty Trust Trust?
The Corporate Default template measures 6 defenses, and PRT scores: Pricing Power (97), Cost Advantage (65), Customer Stickiness (11), Capital Efficiency (78), Resilience (57), Scale & Market Position (85). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.