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NYSE:PBT - Permian Basin Royalty Trust Stock Price, Forecast & News

$3.54
+0.01 (+0.28 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$3.51
Now: $3.54
$3.60
50-Day Range
$3.53
MA: $3.90
$4.21
52-Week Range
$3.51
Now: $3.54
$8.50
Volume196,706 shs
Average Volume116,470 shs
Market Capitalization$165.00 million
P/E Ratio7.79
Dividend Yield13.31%
Beta0.79
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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.11 million
Cash Flow$0.64 per share
Book Value$0.01 per share

Profitability

Net Income$30.79 million

Miscellaneous

EmployeesN/A
Market Cap$165.00 million
Next Earnings Date3/16/2020 (Estimated)
OptionableOptionable

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

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."

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 Monday, November 18th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.039 per share on Friday, December 13th. This represents a $0.47 annualized dividend and a dividend yield of 13.22%. The ex-dividend date is Wednesday, November 27th. This is a boost from Permian Basin Royalty Trust's previous monthly dividend of $0.03. View Permian Basin Royalty Trust's Dividend History.

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

Permian Basin Royalty Trust (NYSE:PBT) issued its earnings results on Thursday, August, 8th. The oil and gas producer reported $0.09 earnings per share for the quarter. The oil and gas producer had revenue of $4.77 million for the quarter. Permian Basin Royalty Trust had a net margin of 95.55% and a return on equity of 4,836.26%. View Permian Basin Royalty Trust's Earnings History.

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

Permian Basin Royalty Trust is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Permian Basin Royalty Trust.

Has Permian Basin Royalty Trust been receiving favorable news coverage?

News coverage about PBT stock has been trending extremely negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Permian Basin Royalty Trust earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Permian Basin Royalty Trust.

Are investors shorting Permian Basin Royalty Trust?

Permian Basin Royalty Trust saw a increase in short interest in November. As of November 15th, there was short interest totalling 316,200 shares, an increase of 18.6% from the October 31st total of 266,600 shares. Based on an average daily trading volume, of 133,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.7% of the shares of the stock are sold short. View Permian Basin Royalty Trust's Current Options Chain.

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), Range Resources (RRC), Callon Petroleum (CPE), Alerian MLP ETF (AMLP), AMBEV S A/S (ABEV), Alcoa (AA), Enterprise GP (EPE), Ford Motor (F), General Electric (GE) and Hecla Mining (HL).

Who are Permian Basin Royalty Trust's key executives?

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

Who are Permian Basin Royalty Trust's major shareholders?

Permian Basin Royalty Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Foundation Resource Management Inc. (2.22%), State Street Corp (0.09%), Cullen Capital Management LLC (0.05%), California Public Employees Retirement System (0.03%), Sunbelt Securities Inc. (0.02%) and Venturi Wealth Management LLC (0.01%).

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..

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 Cullen Capital Management LLC, Sunbelt Securities Inc., Venturi Wealth Management LLC, State Street Corp and California Public Employees Retirement System.

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 $3.54.

How big of a company is Permian Basin Royalty Trust?

Permian Basin Royalty Trust has a market capitalization of $165.00 million and generates $32.11 million in revenue each year. View Additional Information About Permian Basin Royalty Trust.

What is Permian Basin Royalty Trust's official website?

The official website for Permian Basin Royalty Trust is http://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]


MarketBeat Community Rating for Permian Basin Royalty Trust (NYSE PBT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Permian Basin Royalty Trust and other stocks. Vote "Outperform" if you believe PBT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PBT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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