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
Industry Oil royalty traders
Sub-IndustryN/A
SectorOils/Energy
Phone855-588-7839
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$30.56 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date3/21/2019 (Estimated)
OptionableOptionable
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 Friday, February 15th. Investors of record on Thursday, February 28th will be given a dividend of $0.032 per share on Thursday, March 14th. This represents a $0.38 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend is Wednesday, February 27th. 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 quarterly 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 net margin of 95.79% and a return on equity of 6,166.83%. View Permian Basin Royalty Trust's Earnings History.
When is Permian Basin Royalty Trust's next earnings date?
Has Permian Basin Royalty Trust been receiving favorable news coverage?
Media headlines about PBT stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.
Who are some of Permian Basin Royalty Trust's key competitors?
What other stocks do shareholders of Permian Basin Royalty Trust own?
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 many different of institutional and retail investors. Top institutional investors include Foundation Resource Management Inc. (2.36%), Royce & Associates LP (1.89%), Howard Financial Services LTD. (0.32%), Two Sigma Investments LP (0.23%), Two Sigma Advisers LP (0.14%) and Advisor Group Inc. (0.10%).
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 Royce & Associates LP, Foundation Resource Management Inc., Wagner Bowman Management Corp, Raymond James & Associates, Stifel Financial Corp, Advisor Group Inc., Hilltop Holdings Inc. and Kovack Advisors Inc..
Which major investors are buying Permian Basin Royalty Trust stock?
PBT stock was purchased by a variety of institutional investors in the last quarter, including Howard Financial Services LTD., Two Sigma Investments LP, Virtu Financial LLC, Millennium Management LLC, GSA Capital Partners LLP and Two Sigma Advisers LP.
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 $7.77.
How big of a company is Permian Basin Royalty Trust?
Permian Basin Royalty Trust has a market capitalization of $362.16 million and generates $30.56 million in revenue each year.
What is Permian Basin Royalty Trust's official website?
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.
