Headquartered in Dallas, TX Fiscal year ends December NYSE: PBT pbt-permian.com
Permian Basin Royalty Trust (NYSE: PBT) is a statutory trust that holds overriding royalty interests in oil and gas properties in West Texas. The Trust holds a 75% net overriding royalty interest carved from Southland Royalty Company's oil and gas leasehold and royalty interests in the Waddell Ranch properties in Crane County, Texas, and a 95% net profits interest in certain royalty properties known as the Texas Royalty Properties located across various counties in Texas. The Trust's sole purpose is to collect royalty income from these properties and distribute it to unitholders after deducting trust expenses. Argent Trust Company serves as Trustee. The Waddell Ranch properties are operated by Blackbeard Operating, LLC. The Trust does not actively manage or develop properties and has no employees. A proposed business combination led by SoftVest, L.P. and Blackbeard Holdings, LLC would merge Trust assets with additional oil and gas mineral interests to form a new publicly traded corporation, PBT Land and Minerals, Inc., subject to unitholder approval. Updated
A $2.2 billion Permian Basin minerals platform is betting landowners can collect royalty checks without ever touching a drill rig, but for retirees on Social Security, the difference between owning the royalty…
Gerelyn Terzo The Strait of Hormuz carries roughly 20% of the world’s traded oil through a narrow chokepoint. When U.S. and Israeli strikes on Iran triggered Iranian escalation in late February 2026, including a…
Omor Ibne Ehsan WTI crude oil has surged from $55.44 in mid-December 2025 to nearly $93 in mid-March 2026, a recovery that has driven energy equities sharply higher. Energy Select Sector SPDR Fund (NYSEARCA:XLE) is…
There’s no such thing as a binary choice (it’s got to be option A or B) when it comes to creating monthly passive income. Investors have dozens of options to choose from,…
Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In…
Permian Basin Royalty Trust (NYSE: PBT) is a statutory trust that holds overriding royalty interests in oil and gas properties in West Texas.
The Wall Street consensus 12-month price target for PBT is $13.00.
