Permian Basin Royalty Trust (PBT +1%) declares a monthly distribution for July  of $0.087/unit,...

|About: Permian Basin Royalty Trust (PBT)|By:, SA News Editor

Permian Basin Royalty Trust (PBT +1%) declares a monthly distribution for July  of $0.087/unit, a decrease from June's $0.14. Two months of lease operating expenses and increased capex at the Waddell Ranch are behind the lower distribution. Oil and gas volumes at the facility remained the same. (PR)