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
Phone855-588-7839
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$32.11 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date8/8/2019 (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 Tuesday, May 21st. Stockholders of record on Friday, May 31st will be paid a dividend of $0.0353 per share on Friday, June 14th. This represents a $0.42 annualized dividend and a dividend yield of 7.06%. The ex-dividend date of this dividend is Thursday, May 30th. This is a boost from Permian Basin Royalty Trust's previous monthly dividend of $0.02. 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 Wednesday, August, 9th. The oil and gas producer reported $0.15 earnings per share (EPS) for the quarter. The oil and gas producer had revenue of $7.48 million for the quarter. Permian Basin Royalty Trust had a return on equity of 5,424.90% and a net margin of 95.52%. 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?
News coverage about PBT stock has been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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. (2.23%), Royce & Associates LP (1.91%), Mraz Amerine & Associates Inc. (0.14%), Morgan Stanley (0.14%), Beese Fulmer Investment Management Inc. (0.12%) and Advisor Group Inc. (0.09%).
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 Renaissance Technologies LLC, Foundation Resource Management Inc., Kovack Advisors Inc., Ladenburg Thalmann Financial Services Inc., Mraz Amerine & Associates Inc., Advisor Group Inc., Beese Fulmer Investment Management Inc. and Raymond James & Associates.
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, Creative Planning, Royce & Associates LP, Cullen Frost Bankers Inc., PNC Financial Services Group Inc., US Bancorp DE, Morgan Stanley and Raymond James Financial Services Advisors 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, 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 $6.00.
How big of a company is Permian Basin Royalty Trust?
Permian Basin Royalty Trust has a market capitalization of $279.65 million and generates $32.11 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.
