8 Best Oil and Gas Penny Stocks to Buy Now

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6. Permianville Royalty Trust (NYSE:PVL)

Number of Hedge Fund Holders: 2

Permianville Royalty Trust (NYSE:PVL) operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico, as well as unconventional assets in the Permian and Haynesville basins.

Permianville Royalty Trust (NYSE:PVL) announced its FY 2025 results on March 25. The company posted net profits attributable to the Underlying Properties of $6.2 million for the year, down from $6.7 million in FY 2024. An important factor driving this downturn was the declining oil prices. The company’s realized oil sales prices decreased by 13% in 2025 compared to the previous year, which reduced revenues by $4.5 million. That said, PVL’s natural gas sales grew by $5.6 million compared to 2024, driven by a $1.8 million increase due to higher produced volumes and a $3.8 million increase due to higher realized prices.

Permianville Royalty Trust (NYSE:PVL) also declared a dividend of $0.01 per share on March 17, up from its previous payout of $0.005 per share in February. The dividend is payable on April 14 to shareholders of record on March 31.

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