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NYSE:PBT

Permian Basin Royalty Trust Stock Forecast, Price & News

$2.83
+0.02 (+0.71 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$2.80
Now: $2.83
$2.96
50-Day Range
$2.51
MA: $2.99
$3.45
52-Week Range
$2.38
Now: $2.83
$5.24
Volume118,700 shs
Average Volume148,976 shs
Market Capitalization$131.91 million
P/E Ratio6.90
Dividend Yield3.91%
Beta1
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, 2017, its Waddell Ranch properties contained 349 net productive oil wells, 117 net productive gas wells, and 121 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which 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 comprise 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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.92 out of 5 stars


Industry, Sector and Symbol

Industry Oil royalty traders
Sub-IndustryN/A
CUSIPN/A
Phone855-588-7839

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.51 million
Cash Flow$0.46 per share
Book Value$0.01 per share

Profitability

Net Income$19.42 million

Miscellaneous

EmployeesN/A
Market Cap$131.91 million
Next Earnings Date11/10/2020 (Estimated)
OptionableOptionable
$2.83
+0.02 (+0.71 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Permian Basin Royalty Trust (NYSE:PBT) Frequently Asked Questions

How has Permian Basin Royalty Trust's stock been impacted by Coronavirus?

Permian Basin Royalty Trust's stock was trading at $3.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PBT shares have decreased by 18.4% and is now trading at $2.83.
View which stocks have been most impacted by COVID-19
.

When is Permian Basin Royalty Trust's next earnings date?

Permian Basin Royalty Trust is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Permian Basin Royalty Trust
.

How were Permian Basin Royalty Trust's earnings last quarter?

Permian Basin Royalty Trust (NYSE:PBT) released its quarterly earnings data on Monday, August, 10th. The oil and gas producer reported $0.04 EPS for the quarter. The oil and gas producer had revenue of $2.45 million for the quarter. Permian Basin Royalty Trust had a net margin of 94.09% and a return on equity of 4,477.47%.
View Permian Basin Royalty Trust's earnings history
.

How often does Permian Basin Royalty Trust pay dividends? What is the dividend yield for Permian Basin Royalty Trust?

Permian Basin Royalty Trust declared a monthly dividend on Friday, September 18th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.012 per share on Thursday, October 15th. This represents a $0.14 annualized dividend and a yield of 5.09%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a positive change from Permian Basin Royalty Trust's previous monthly dividend of $0.01.
View Permian Basin Royalty Trust's dividend history
.

Are investors shorting Permian Basin Royalty Trust?

Permian Basin Royalty Trust saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 343,000 shares, an increase of 15.7% from the August 15th total of 296,400 shares. Based on an average daily trading volume, of 100,900 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.8% of the shares of the stock are sold short.
View Permian Basin Royalty Trust's Short Interest
.

Who are some of Permian Basin Royalty Trust's key competitors?

What other stocks do shareholders of Permian Basin Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Permian Basin Royalty Trust investors own include Coeur Mining (CDE), Exxon Mobil (XOM), AbbVie (ABBV), Callon Petroleum (CPE), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Range Resources (RRC), AT&T (T), Pembina Pipeline (PBA) and Marathon Petroleum (MPC).

Who are Permian Basin Royalty Trust's key executives?

Permian Basin Royalty Trust's management team includes the following people:
  • Mr. Ron E. Hooper, Sr. VP of Royalty Trust Management - Southwest Bank

What is Permian Basin Royalty Trust's stock symbol?

Permian Basin Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBT."

Who are Permian Basin Royalty Trust's major shareholders?

Permian Basin Royalty Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Foundation Resource Management Inc. (1.74%), FMR LLC (0.71%), FMR LLC (0.71%), McGowan Group Asset Management Inc. (0.25%), California Public Employees Retirement System (0.22%) and Steward Partners Investment Advisory LLC (0.05%).

Which institutional investors are selling Permian Basin Royalty Trust stock?

PBT stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., Advisor Group Holdings Inc., Two Sigma Advisers LP, FMR LLC, and FMR LLC.

Which institutional investors are buying Permian Basin Royalty Trust stock?

PBT stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Steward Partners Investment Advisory LLC, UBS Group AG, and McGowan Group Asset Management Inc..

How do I buy shares of Permian Basin Royalty Trust?

Shares of PBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Permian Basin Royalty Trust's stock price today?

One share of PBT stock can currently be purchased for approximately $2.83.

How big of a company is Permian Basin Royalty Trust?

Permian Basin Royalty Trust has a market capitalization of $131.91 million and generates $20.51 million in revenue each year.

What is Permian Basin Royalty Trust's official website?

The official website for Permian Basin Royalty Trust is www.pbt-permian.com.

How can I contact Permian Basin Royalty Trust?

Permian Basin Royalty Trust's mailing address is 2911 Turtle Creek Boulevard Suite 850, Dallas TX, 75219. The oil and gas producer can be reached via phone at 855-588-7839 or via email at [email protected]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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