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Permian Basin Royalty Trust (PBT)

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  • Aug. 19, 2014, 12:12 PM
    • Permian Basin Royalty Trust's (PBT -0.3%) August distribution of $0.109382 is payable on September 15 to holders of record on August 29.
    • Oil production of 98,566 barrels slipped from 99,591 the prior month, while gas production rose to 274,179 Mcf from 264,979.
    • Press release
    | Comment!
  • Nov. 18, 2013, 4:16 PM
    • Permian Basin Royalty Trust (PBT -1.8%) declares a monthly distribution of $0.063305 per unit payable Dec. 13 to holders of record on Nov. 29, with lower production of both oil and gas combined with increased capex responsible for the cut from last month's $0.099509.
    • Oil production of 26,747 barrels compares to 42,893 last month, and gas prodcution of 40,319 Mcf compares to 92,793.
    • Press release.
    | 3 Comments
  • Sep. 20, 2013, 12:02 PM
    • Permian Basin Royalty Trust (PBT -0.5%) ups its monthly distribution to $0.106268 per unit from $0.089 previously. It's payable on October 15 to holders of record on September 30. The annualized yield is 9.3%.
    • Increased production for both oil and gas, along with higher oil prices are beyond the higher payout. Gas prices, however, fell a bit.
    • About seven 2013 workover wells were completed during July. Capital expenditures summed to $2.14M.
    • Press release.
    | Comment!
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Company Description
Permian Basin Royalty Trust is an oil and natural gas royalty trust. The Company owns overriding royalty rights in mineral properties in the United States.