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Permian Basin Royalty Trust (PBT)

13.70 Down 0.14(1.01%) 1:17PM EDT - NYSE Real Time Price
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Permian Basin Royalty Trust
901 Main Street
17th Floor
Dallas, TX 75202
United States - Map
Phone: 214-209-2400

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 
Mr. Ron E. Hooper ,
Sr. VP of Bank of America NA and Trust Administrator of Bank of America NA
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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