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Permian Basin Royalty Trust (PBT)


NYSE - NYSE Delayed Price. Currency in USD
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9.68-0.12 (-1.22%)
At close: 4:02PM EDT
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Permian Basin Royalty Trust

2911 Turtle Creek Boulevard
Suite 850
Dallas, TX 75219
United States
855-588-7839
http://www.pbt-permian.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Ron E. HooperSr. VP of Royalty Trust Management - Southwest BankN/AN/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.

Description

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas. As of December 31, 2016, its Waddell Ranch properties contained 349 net productive oil wells, 64 net productive gas wells, and 102 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties that include 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. Its 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.

Corporate Governance

Permian Basin Royalty Trust’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.