Permian Basin Royalty Trust is a unique investment entity that owns significant oil and gas royalties in the United States. With a focus on Texas, it holds a 75% interest in the Waddell Ranch, featuring multiple fields in Crane County, and a 95% interest in Texas Royalty properties across 33 counties. These properties span over 51,000 net producing acres, showcasing a diverse portfolio of oil fields. Established in 1980 and based in Dallas, Texas, the trust offers investors a share in the profits from these oil and gas operations.

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