CRT Trust (CRT, Financial) experienced a notable stock decline, with the price falling by 5.12%. At the time of reporting, the stock was valued at $9.63 per share with a trading volume of 18,349 shares, a turnover rate of 0.31%, and a volatility amplitude of 7.82%.
Recent financial reports revealed CRT Trust generated a revenue of $1.58 million and a net profit of $1.35 million, resulting in earnings per share (EPS) of $0.22. The company's price-to-earnings (P/E) ratio stands at 7.60. Currently, there are no institutional ratings available offering buy, hold, or sell recommendations for this stock.
Within the oil and gas exploration and production sector, where CRT Trust is categorized, the overall industry saw an increase of 0.42%. Noteworthy performers in this sector included Baytex Energy Corp, Hess Corporation, and Texas Pacific Land Corporation, which showed significant gains. Trio Petroleum Corp., Indonesia Energy Corporation Limited, and Houston American Energy were notably active, recording turnover rates of 6.65%, 4.30%, and 2.26%, respectively. Stocks such as Nordic Royalty Trust, Trio Petroleum Corp., and Eon Resources Inc. showed high volatility with respective amplitudes of 17.25%, 12.67%, and 10.80%.
CRT Trust, based in the United States, holds its primary assets in net profits interests. These include royalties from production activities and working interest assets, with key assets located in Texas, Oklahoma, and New Mexico.
