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

$3.74
+0.19 (+5.35 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$3.46
Now: $3.74
$3.75
50-Day Range
$3.55
MA: $3.89
$4.18
52-Week Range
$3.44
Now: $3.74
$8.13
Volume364,327 shs
Average Volume189,322 shs
Market Capitalization$174.32 million
P/E Ratio7.96
Dividend Yield17.00%
Beta0.8
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
CUSIPN/A
Phone855-588-7839

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.11 million
Cash Flow$0.70 per share
Book Value$0.01 per share

Profitability

Net Income$30.79 million

Miscellaneous

EmployeesN/A
Market Cap$174.32 million
Next Earnings Date3/16/2020 (Estimated)
OptionableOptionable

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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 Wednesday, February 19th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.0503 per share on Friday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 16.14%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Permian Basin Royalty Trust's previous monthly dividend of $0.04. 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 data on Thursday, August, 8th. The oil and gas producer reported $0.09 earnings per share for the quarter. The oil and gas producer earned $4.77 million during the quarter. Permian Basin Royalty Trust had a net margin of 95.55% and a return on equity of 4,836.26%. View Permian Basin Royalty Trust's Earnings History.

When is Permian Basin Royalty Trust's next earnings date?

Permian Basin Royalty Trust is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Permian Basin Royalty Trust.

Has Permian Basin Royalty Trust been receiving favorable news coverage?

Headlines about PBT stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 -4.0 on InfoTrie's scale. They also gave media stories about the oil and gas producer a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Permian Basin Royalty Trust.

Are investors shorting Permian Basin Royalty Trust?

Permian Basin Royalty Trust saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 286,500 shares, an increase of 19.0% from the January 30th total of 240,800 shares. Based on an average daily volume of 202,300 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.7% of the company's shares are short sold. View Permian Basin Royalty Trust's Current Options Chain.

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), Range Resources (RRC), Exxon Mobil (XOM), Callon Petroleum (CPE), Pembina Pipeline (PBA), AbbVie (ABBV), Enterprise Products Partners (EPD), AT&T (T), Energy Transfer LP Unit (ET) and Marathon Petroleum (MPC).

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 a variety of of retail and institutional investors. Top institutional investors include Foundation Resource Management Inc. (1.79%), Virtus ETF Advisers LLC (1.61%), Jane Street Group LLC (0.65%), Goldman Sachs Group Inc. (0.11%), State Street Corp (0.11%) and Virtu Financial LLC (0.11%).

Which institutional 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., Capital Investment Advisors LLC and Beese Fulmer Investment Management Inc..

Which institutional investors are buying Permian Basin Royalty Trust stock?

PBT stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Virtus ETF Advisers LLC, Goldman Sachs Group Inc., Virtu Financial LLC, California Public Employees Retirement System, Captrust Financial Advisors, Cullen Capital Management LLC and Renaissance Technologies 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, 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 $3.74.

How big of a company is Permian Basin Royalty Trust?

Permian Basin Royalty Trust has a market capitalization of $174.32 million and generates $32.11 million in revenue each year. View Additional Information About Permian Basin Royalty Trust.

What is Permian Basin Royalty Trust's official website?

The official website for Permian Basin Royalty Trust is http://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]


MarketBeat Community Rating for Permian Basin Royalty Trust (NYSE PBT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  317
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.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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