Permian Basin Royalty Trust(PBT)- NYSE
  • May 20, 2013, 4:10 PM

    Permian Basin Royalty Trust (PBT +4.4%) gained after upping the monthly distribution to $0.088/share from $0.06 previously, as higher oil production and prices offset more than offset lower gas prices. Gas production numbers continue to be affected by prior period adjustments, but the underlying level of output is about flat month-to-month. (PR)

    | May 20, 2013, 4:10 PM
Company Description
Permian Basin Royalty Trust operates as a trust of Southwest Bank. It holds interests in Texas Royalty and Waddell Ranch properties. The company was founded on November 1, 1980 and is headquartered in Dallas, TX.
Sector: Financial
Industry: Diversified Investments
Country: United States