Permian Basin Royalty Trust/$PBT

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About Permian Basin Royalty Trust

Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole and others across Texas. The company earns majority revenue in form of royalties received through its properties.

Ticker

$PBT
Sector

Primary listing

NYSE

Employees

-

PBT Metrics

BasicAdvanced
$904M
54.84
$0.35
0.63
$0.33
7.15%

Bulls say / Bears say

Permian Basin Royalty Trust reached a binding $9 million settlement with Blackbeard Operating, with an initial $4.5 million payment due within 30 days, boosting near-term liquidity and distributable cash (SEC EDGAR)
U.S. crude oil production from the Permian Basin hit a record 13.58 million barrels per day in June 2025, underpinning robust royalty revenues for the trust’s underlying Texas assets (Reuters)
Despite moderating growth, Permian output is forecast to rise by 250,000–300,000 bpd in 2025—aligning with EIA projections—which should drive incremental royalty income for PBT’s properties (Reuters)
Waddell Ranch properties have been in an excess-cost position since April 2024, with production costs exceeding gross proceeds, resulting in no royalty income and a cumulative deficit that must be recouped before any distributions (PR Newswire)
The trust’s ongoing litigation with Blackbeard Operating—filed in May 2024 and now in its second amended petition—seeks over $9 million in damages with a trial set for November 17, 2025, creating legal expense risk and timing uncertainty for recovery of Waddell Ranch proceeds (PR Newswire)
Permian Basin rig counts fell by three rigs to 294 in the week to April 4, 2025—the lowest since February 2022—signaling a slowdown in drilling that may reduce future production and royalty income for the trust (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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