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    Permian Basin Royalty Trust (PBT)

    -NYSE
    9.81 Down 0.13(1.31%) Dec 19, 4:02PM EST
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    Permian Basin Royalty Trust
    901 Main Street
    17th Floor
    Dallas, TX 75202
    United States - Map
    Phone: 214-209-2400
    Website: http://www.pbt-permianbasintrust.com

    Details 
    Index Membership:N/A
    Sector:Basic Materials
    Industry:Independent Oil & Gas
    Full Time Employees:N/A

    Business Summary 

    Permian Basin Royalty Trust owns overriding royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties that consist of Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas; and a 95% net overriding royalty interest in Texas Royalty properties, which include royalty interests in various 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 located in 33 counties in Texas. As of December 31, 2013, its Waddell Ranch properties contained 393 net productive oil wells, 75 net productive gas wells, and 136 net injection wells. The company’s Texas Royalty properties consist of approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.

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    Key Executives 
     PayExercised
    Mr. Ron E. Hooper ,
    Sr. VP of Bank of America NA and Trust Administrator of Bank of America NA
    N/AN/A
    Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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