Permianville Royalty Trust is a statutory trust that acquires and holds net profits interests. These interests represent the right to receive 80% of the net profits from the sale of oil and natural gas production from properties in Texas, Louisiana, and New Mexico, as well as unconventional assets in the Permian and Haynesville basins. The company was formerly known as Enduro Royalty Trust and changed its name to Permianville Royalty Trust in September 2018. It was incorporated in 2011 and is based in Houston, Texas.