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NYSE:PBTPermian Basin Royalty Trust Stock Price, Forecast & News

$3.21
-0.05 (-1.53 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$3.21
Now: $3.21
$3.32
50-Day Range
$3.17
MA: $3.34
$3.49
52-Week Range
$2.38
Now: $3.21
$5.24
Volume71,700 shs
Average Volume156,969 shs
Market Capitalization$149.62 million
P/E Ratio6.98
Dividend Yield2.18%
Beta0.96
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$0.41 per share
Book Value$0.01 per share

Profitability

Net Income$19.42 million

Miscellaneous

EmployeesN/A
Market Cap$149.62 million
Next Earnings Date11/10/2020 (Estimated)
OptionableOptionable
$3.21
-0.05 (-1.53 %)
(As of 08/13/2020 04:00 PM 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 (COVID-19)?

Permian Basin Royalty Trust's stock was trading at $3.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PBT shares have decreased by 7.5% and is now trading at $3.21.
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) posted its quarterly earnings data on Monday, May, 11th. The oil and gas producer reported $0.13 earnings per share for the quarter. The oil and gas producer had revenue of $6.26 million for the quarter. Permian Basin Royalty Trust had a net margin of 95.00% and a return on equity of 4,913.09%.
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 announced a monthly dividend on Tuesday, July 21st. Investors of record on Friday, July 31st will be paid a dividend of $0.006 per share on Friday, August 14th. This represents a $0.07 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Thursday, July 30th. This is a boost from Permian Basin Royalty Trust's previous monthly dividend of $0.00.
View Permian Basin Royalty Trust's dividend history
.

Has Permian Basin Royalty Trust been receiving favorable news coverage?

Press coverage about PBT stock has been trending positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Permian Basin Royalty Trust earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future.
View the latest news about Permian Basin Royalty Trust
.

Are investors shorting Permian Basin Royalty Trust?

Permian Basin Royalty Trust saw a increase in short interest in June. As of June 30th, there was short interest totaling 368,700 shares, an increase of 27.1% from the June 15th total of 290,200 shares. Based on an average daily trading volume, of 121,700 shares, the short-interest ratio is presently 3.0 days. Approximately 0.9% of the company's shares 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 a number of retail and institutional investors. Top institutional investors include Foundation Resource Management Inc. (1.74%), FMR LLC (0.71%), McGowan Group Asset Management Inc. (0.25%), California Public Employees Retirement System (0.22%), Steward Partners Investment Advisory LLC (0.05%) and UBS Group AG (0.05%).

Which major 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., and FMR LLC.

Which major investors are buying Permian Basin Royalty Trust stock?

PBT stock was bought 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 $3.21.

How big of a company is Permian Basin Royalty Trust?

Permian Basin Royalty Trust has a market capitalization of $149.62 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 8/14/2020 by MarketBeat.com Staff

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