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 348 net productive oil wells, 65 net productive gas wells, and 102 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
Stock Exchange NYSE
Industry Oil royalty traders
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:PBT
CUSIPN/A
Phone855-588-7839
Debt
Debt-to-Equity RatioN/A
Current Ratio1.00
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio14.38
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$30.56 million
Price / Sales13.64
Cash Flow$0.6115 per share
Price / Cash14.62
Book Value$0.01 per share
Price / Book894.00
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$29.32 million
Net Margins95.57%
Return on Equity5,731.07%
Return on Assets736.03%
Miscellaneous
EmployeesN/A
Outstanding Shares46,610,000
Market Cap$428.80 million
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 announced a monthly dividend on Monday, July 23rd. Investors of record on Tuesday, July 31st will be given a dividend of $0.0575 per share on Tuesday, August 14th. This represents a $0.69 dividend on an annualized basis and a yield of 7.71%. The ex-dividend date is Monday, July 30th. This is a positive change from Permian Basin Royalty Trust's previous monthly dividend of $0.04. View Permian Basin Royalty Trust's Dividend History.
How were Permian Basin Royalty Trust's earnings last quarter?
Permian Basin Royalty Trust (NYSE:PBT) released its earnings results on Wednesday, August, 9th. The oil and gas producer reported $0.15 EPS for the quarter. The oil and gas producer earned $7.48 million during the quarter. Permian Basin Royalty Trust had a return on equity of 5,731.07% and a net margin of 95.57%. View Permian Basin Royalty Trust's Earnings History.
When is Permian Basin Royalty Trust's next earnings date?
Who are some of Permian Basin Royalty Trust's key competitors?
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
Has Permian Basin Royalty Trust been receiving favorable news coverage?
Media headlines about PBT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Permian Basin Royalty Trust earned a media and rumor sentiment score of 0.09 on Accern's scale. They also gave news coverage about the oil and gas producer an impact score of 46.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Permian Basin Royalty Trust.
Who are Permian Basin Royalty Trust's major shareholders?
Permian Basin Royalty Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Royce & Associates LP (1.94%), FMR LLC (0.70%), Renaissance Technologies LLC (0.43%), Baird Financial Group Inc. (0.34%), PNC Financial Services Group Inc. (0.08%) and California Public Employees Retirement System (0.03%).
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 Royce & Associates LP.
Which institutional investors are buying Permian Basin Royalty Trust stock?
PBT stock was acquired by a variety of institutional investors in the last quarter, including Baird Financial Group Inc., FMR LLC, PNC Financial Services Group Inc., Renaissance Technologies LLC, California Public Employees Retirement System and Raymond James & Associates.
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, Scottrade, 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 $8.94.
How big of a company is Permian Basin Royalty Trust?
Permian Basin Royalty Trust has a market capitalization of $428.80 million and generates $30.56 million in revenue each year.
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)
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.
