PBT - Permian Basin Royalty Trust

NYSE - NYSE Delayed Price. Currency in USD
5.75
-0.07 (-1.20%)
At close: 3:59PM EDT
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Previous Close5.82
Open5.81
Bid5.75 x 1300
Ask5.77 x 800
Day's Range5.70 - 5.86
52 Week Range5.45 - 9.53
Volume101,578
Avg. Volume97,542
Market Cap268.001M
Beta (3Y Monthly)1.01
PE Ratio (TTM)10.42
EPS (TTM)0.55
Earnings DateNov 6, 2017 - Nov 10, 2017
Forward Dividend & Yield0.49 (8.68%)
Ex-Dividend Date2019-06-27
1y Target Est13.00
Trade prices are not sourced from all markets
  • PR Newswire8 days ago

    Permian Basin Royalty Trust Announces June Cash Distribution

    DALLAS, June 18, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.039700 per unit, payable on July 15, 2019, to unit holders of record on June 28, 2019. Production for the underlying properties at the Waddell Ranch was 51,588 barrels of oil and 266,216 Mcf of gas.  The production for the Trust's allocated portion of the Waddell Ranch was 13,515 barrels of oil and 70,218 Mcf of gas.  The average price for oil was $62.05 per bbl and for gas was $2.09 per Mcf.  This would primarily reflect production and pricing for the month of April for oil and the month of March for gas.  These allocated volumes were significantly impacted by the pricing of both oil and gas.

  • PR Newswirelast month

    Permian Basin Royalty Trust Announces May Cash Distribution

    DALLAS, May 20, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.035276 per unit, payable on June 14, 2019, to unit holders of record on May 31, 2019. This month's distribution increased from the previous month due primarily to an increase of oil production and gas production.  This reflects the production month of March, which would be longer by three production days.  Oil pricing increased, offset by a decline in pricing for gas on the Waddell Ranch. Capital Expenditures declined to reflect less activity due to the completion of drilling of the additional wells on the Waddell Ranch Properties.

  • PR Newswire2 months ago

    Permian Basin Royalty Trust Announces April Cash Distribution And 2019 Reserve Quantities

    DALLAS, April 18, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.017601 per unit, payable on May 14, 2019, to unit holders of record on April 30, 2019. This month's distribution decreased from the previous month due primarily to a decrease of oil production and gas production.  This reflects the production month of February, which would be shortened by three production days already.  Both oil and gas pricing increased, offsetting some of the decrease. Capital Expenditures rose to reflect current activity of drilling additional wells on the Waddell Ranch Properties.  These expenditures compared to the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in a decrease in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties.  The Texas Royalty Properties saw a decrease in the production of oil and gas, primarily because of three less days of production in February, offset by an increase in pricing for both oil and gas production.

  • PR Newswire3 months ago

    Permian Basin Royalty Trust Announces March Cash Distribution

    DALLAS, March 19, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.025642 per unit, payable on April 12, 2019, to unit holders of record on March 29, 2019. This month's distribution decreased from the previous month due primarily to a decrease of oil production and gas production.  Gas pricing decreased, also contributing to the decrease. Capital Expenditures rose to reflect current activity on the Waddell Ranch Properties.  These expenditures compared to the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in a decrease in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties.  The Texas Royalty Properties saw an increase in the production of oil, offset by a decrease in gas production in addition to a decrease in the pricing of oil and gas for the month.

  • PR Newswire4 months ago

    Permian Basin Royalty Trust Announces February Cash Distribution

    DALLAS, Feb. 15, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.031624 per unit, payable on March 14, 2019, to unit holders of record on February 28, 2019.

  • PR Newswire5 months ago

    Permian Basin Royalty Trust Announces January Cash Distribution

    DALLAS, Jan. 18, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.033628 per unit, payable on February 14, 2019, to unit holders of record on January 31, 2019.

  • PR Newswire6 months ago

    Permian Basin Royalty Trust Announces December Cash Distribution

    DALLAS, Dec. 20, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.053136 per unit, payable on January 15, 2019, to unit holders of record on December 31, 2018. This month's distribution increased from the previous month due to a decrease of LOE expenditures relating to workover expense compared to the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in an increase in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties.  This was enhanced with a slight increase in pricing for oil, offset by a decline in the pricing of gas.  The Texas Royalty Properties saw a decline in the production of both oil and gas that was offset by a slight increase in the pricing of oil and gas for the month.

  • Is Permian Basin Royalty Trust (PBT) A Good Stock To Buy?
    Insider Monkey6 months ago

    Is Permian Basin Royalty Trust (PBT) A Good Stock To Buy?

    Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th. What do these smart investors think about Permian Basin Royalty Trust (NYSE:PBT)? Is Permian Basin Royalty Trust (NYSE:PBT) a bargain? The best stock pickers are in a pessimistic […]

  • PR Newswire7 months ago

    Permian Basin Royalty Trust Announces November Cash Distribution

    DALLAS, Nov. 19, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.049958 per unit, payable on December 14, 2018, to unit holders of record on November 30, 2018. This month's distribution decreased from the previous month due to an increase of LOE expenditures relating to substantive workover expense for the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in an increase in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties.  This was offset by a decline in the pricing of both oil and gas.  The Texas Royalty Properties saw an increase in the production of both oil and gas that was offset by a decline in the pricing of oil and gas for the month.

  • GlobeNewswire7 months ago

    Recent Analysis Shows Aquantia, Ubiquiti Networks, Reliv' International, Permian Basin Royalty Trust, Patriot Transportation Holding, and Navidea Biopharmaceuticals Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Nov. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire8 months ago

    Permian Basin Royalty Trust Announces October Cash Distribution

    DALLAS, Oct. 19, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.055098 per unit, payable on November 15, 2018, to unit holders of record on October 31, 2018. This month's distribution increased from the previous month due to a decrease of LOE expenditures relating to substantive workover expense for the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in an increase in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties.  This was offset by a decline in the pricing of both oil and gas.  The Texas Royalty Properties saw a slight decrease in the production of oil that was offset by a slight increase in gas production.  There was a decline in the pricing of both oil and gas for the month.

  • Should You Be Tempted To Sell Permian Basin Royalty Trust (NYSE:PBT) Because Of Its PE Ratio?
    Simply Wall St.9 months ago

    Should You Be Tempted To Sell Permian Basin Royalty Trust (NYSE:PBT) Because Of Its PE Ratio?

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...

  • PR Newswire9 months ago

    Permian Basin Royalty Trust Announces September Cash Distribution

    DALLAS, Sept. 18, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.054808 per unit, payable on October 15, 2018, to unit holders of record on September 28, 2018. This month's distribution increased from the previous month due to a decrease of LOE expenditures relating to substantive workover expense for the previous month, which in turn, through the allocation of the Trust's production from the underlying properties, resulted in an increase in both oil and gas production allocated to the Trust's interest for the Waddell Ranch properties. This, along with an increase in the oil prices and gas prices contributed to the increase. The Texas Royalty Properties saw a decrease in both production of oil and gas and pricing for oil for the month, slightly offset by higher gas pricing, including pricing for NGLs.

  • PR Newswire10 months ago

    Permian Basin Royalty Trust Announces August Cash Distribution

    DALLAS , Aug. 21, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial ...

  • Royalty Trusts: 10 Little-Known High-Yield Energy Plays
    Kiplinger11 months ago

    Royalty Trusts: 10 Little-Known High-Yield Energy Plays

    Royalty trusts can be great holdings for investors who want income that rises in sync with commodity prices. These trusts hold interests in oil, gas or mineral production and collect more income when energy prices rise, resulting in bigger distributions (similar to dividends) and high yields for their investors. So far in 2018, royalty trust investors have benefited from a 12% improvement in sale prices for benchmark West Texas Intermediate (WTI) crude oil, which was recently trading at $67 a barrel. Prices are now up nearly 150% from their low of about $27 per barrel two years ago. Royalty trusts typically offer high yields, frequently better than 7%. And many of these trusts have increased their distributions multiple times this year thanks to higher energy prices. The principal drawback: Distributions decline over time because the trust's energy reserves deplete; royalty income from oil and gas sales gradually drops to zero. Royalty trusts are required to disclose and annually update estimates of their remaining reserve life - though conservative estimates mean many trusts live on well past their expected termination date. Royalty trust distributions also can move along with energy prices, which means they don't just rise - they can drop, too. And that tax advantage comes with more complex tax reporting; investors sometimes must pay income taxes to multiple states if the trust's assets are spread over several jurisdictions. Still, royalty trusts' high-income potential should earn them a spot in most portfolios. These 10 royalty trusts in particular offer high yields that fly far under Wall Street's radar. SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond

  • PR Newswire11 months ago

    Permian Basin Royalty Trust Announces July Cash Distribution

    DALLAS , July 20, 2018 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial ...