Business Context and Reporting Period
This Form 8-K Current Report was filed by Permianville Royalty Trust (formerly Enduro Royalty Trust) on September 14, 2018. The filing documents the effective date of a corporate name change and associated administrative updates to the Trust Agreement.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure regarding corporate governance and does not contain financial performance data.
Material Changes
- Name Change: The Trust's name was officially changed from "Enduro Royalty Trust" to "Permianville Royalty Trust," effective September 14, 2018.
- Trading Symbol: The ticker symbol for trust units changed from "NDRO" to "PVL," effective at the open of the NYSE MKT on September 14, 2018.
- Trust Agreement Amendment: A Second Amendment to the Amended and Restated Trust Agreement was executed to reflect the name change and update address and notice provisions for the Trustee and COERT Holdings 1 LLC.
Guidance, Outlook, and Risks
The filing states that the name change does not affect the unitholders of the Trust. No financial guidance, outlook, management commentary on future performance, or new risk factors were disclosed in this document.
Key Facts for Investor Verification
- Verify the new ticker symbol "PVL" on trading platforms effective September 14, 2018.
- Confirm that the legal name change to "Permianville Royalty Trust" is reflected in brokerage accounts and corporate registries.
- Note that the underlying trust assets and unitholder rights remain unchanged by this administrative filing.