Enduro Royalty Trust Announces New Name, Ticker Symbol and Logo
September 14 2018 - 8:30AM
Business Wire
Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced
that the Trust has changed its name to “Permianville Royalty Trust
(NYSE: PVL)” as of the opening of trading on Friday, September 14,
2018.
In conjunction with the renaming, the Trust anticipates the
following changes will become effective as of the opening of
trading on Friday, September 14, 2018:
Currently
Changing To Name: Enduro Royalty Trust Permianville Royalty
Trust CUSIP: 29269K 100 71425H 100 ISIN: US29269K1007 US71425H1005
Unitholders can continue to access information at
www.enduroroyaltytrust.com, and the Trust expects to have the new
www.permianvilleroyaltytrust.com website available for unitholders
in the near future as well.
A link to the new logo for Permianville Royalty Trust is
provided at the bottom of this press release.
The Trust will trade under its new ticker symbol “PVL” effective
as of the opening of trading on Friday, September 14,
2018.
About the Trust
The Trust is a Delaware statutory trust formed to
own a net profits interest representing the right to receive 80% of
the net profits from the sale of oil and natural gas production
from certain properties of COERT Holdings 1 LLC (“COERT”, the
acquirer of such properties from Enduro Resource Partners LLC) in
the states of Texas, Louisiana and New Mexico.
As described in the Trust’s filings with the Securities and
Exchange Commission, the amount of the periodic distributions is
expected to fluctuate, depending on the proceeds received by the
Trust as a result of actual production volumes, oil and gas prices,
the amount and timing of capital expenditures, and the Trust’s
administrative expenses, among other factors. Future distributions
are expected to be made on a monthly basis. For additional
information on the Trust, please visit the websites mentioned in
this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20180914005071/en/
Permianville Royalty TrustThe Bank of New York Mellon Trust
Company, N.A., as TrusteeSarah Newell, 1-512-236-6555
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