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

Permian Basin Royalty Trust's stock was trading at $10.10 on January 1st, 2022. Since then, PBT shares have increased by 95.0% and is now trading at $19.70.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our PBT earnings forecast.

Permian Basin Royalty Trust (NYSE:PBT) released its quarterly earnings data on Monday, May, 16th. The oil and gas producer reported $0.08 earnings per share (EPS) for the quarter. The oil and gas producer earned $4.08 million during the quarter. Permian Basin Royalty Trust had a trailing twelve-month return on equity of 3,610.01% and a net margin of 91.67%.

Permian Basin Royalty Trust declared a monthly dividend on Wednesday, July 20th. Investors of record on Friday, July 29th will be given a dividend of $0.164 per share on Friday, August 12th. This represents a $1.97 dividend on an annualized basis and a yield of 9.99%. The ex-dividend date is Thursday, July 28th. This is a positive change from the stock's previous monthly dividend of $0.09.
Read our dividend analysis for PBT.

Permian Basin Royalty Trust (NYSE:PBT) pays an annual dividend of $1.97 per share and currently has a dividend yield of 10.35%. PBT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PBT.

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

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

Permian Basin Royalty Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Horizon Kinetics Asset Management LLC (0.00%), Foundation Resource Management Inc. (1.50%), Mad River Investors (0.70%), Essex Financial Services Inc. (0.60%), Hosking Partners LLP (0.00%) and Group One Trading L.P. (0.00%).

Shares of PBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PBT stock can currently be purchased for approximately $19.70.

Permian Basin Royalty Trust (NYSE:PBT) has a market capitalization of $918.22 million and generates $11.81 million in revenue each year.

Permian Basin Royalty Trust's mailing address is 2911 Turtle Creek Boulevard Suite 850, Dallas TX, 75219. The official website for the company is www.pbt-permian.com. The oil and gas producer can be reached via phone at (855) 588-7839, via email at trustee@pbt-permian.com, or via fax at 214-559-7010.