Permian Basin Royalty Trust: A New Addition To My Energy Watchlist

BeanKounter Capital profile picture
BeanKounter Capital


  • Energy companies have had a good run in the last couple years, and the Permian Basin Royalty Trust is no exception.
  • The company owns royalties on two properties in the Permian Basin, primarily the Waddell Ranch property.
  • There are several quirks to owning shares of a royalty trust like PBT.
  • The distributions were impressive in 2022, but they have come down in recent months. If energy prices spike again in 2023, the distributions could rise significantly.
  • Investors bullish on energy prices might want to add PBT to their watchlist. An increase in oil prices could lead to a spike in distributions, which are paid monthly.

Working Pumpjacks On Sunset


Over the last couple months, I have been looking for way to add energy exposure to my portfolio in a way that will diversify away from the midstream sector. Enterprise Products Partners (EPD) is still my largest holding, but

This article was written by

BeanKounter Capital profile picture
CPA and former Big 4 auditor. I break down investments in qualitative and quantitative terms, and I look for investments that will compound my money over the long term.

Disclosure: I/we have a beneficial long position in the shares of RIG, BTU, PTHRF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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