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
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 announced a monthly dividend on Friday, December 21st. Stockholders of record on Monday, December 31st will be paid a dividend of $0.0531 per share on Tuesday, January 15th. This represents a $0.64 annualized dividend and a dividend yield of 9.16%. The ex-dividend date of this dividend is Friday, December 28th. This is an increase from Permian Basin Royalty Trust's previous monthly dividend of $0.05. 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 quarterly earnings data on Friday, November, 2nd. The oil and gas producer reported $0.15 earnings per share (EPS) for the quarter. The oil and gas producer earned $7.24 million during the quarter. Permian Basin Royalty Trust had a return on equity of 6,166.83% and a net margin of 95.79%. 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 stories about PBT stock have been trending extremely positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 4.1 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
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
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%) and Virtu Financial LLC (0.07%).
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..
Which major investors are buying Permian Basin Royalty Trust stock?
PBT stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC.
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 $6.96.
How big of a company is Permian Basin Royalty Trust?
Permian Basin Royalty Trust has a market capitalization of $324.40 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.
