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Last $6.67 USD
Change Today -0.34 / -4.85%
Volume 214.0K
PBT On Other Exchanges
Symbol
Exchange
PBT is not on other exchanges.
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

permian basin royalty trust (PBT) Snapshot

Open
$7.05
Previous Close
$7.01
Day High
$7.05
Day Low
$6.59
52 Week High
08/29/14 - $14.39
52 Week Low
07/27/15 - $6.47
Market Cap
310.9M
Average Volume 10 Days
163.4K
EPS TTM
$0.86
Shares Outstanding
46.6M
EX-Date
07/29/15
P/E TM
7.8x
Dividend
$0.62
Dividend Yield
8.52%
Current Stock Chart for PERMIAN BASIN ROYALTY TRUST (PBT)

permian basin royalty trust (PBT) Related Businessweek News

No Related Businessweek News Found

permian basin royalty trust (PBT) Details

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, 2014, its Waddell Ranch properties contained 393 net productive oil wells, 75 net productive gas wells, and 136 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties that consist of 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 consist of approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Fort Worth, Texas.

Founded in 1980

permian basin royalty trust (PBT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

permian basin royalty trust (PBT) Key Developments

Permian Basin Royalty Trust Restates Earnings Results for June 2015

Permian Basin Royalty Trust restated earnings results for June 2015. The company announced a correction to the net profits results for the Waddell Ranch Properties reported in the July cash distribution announcement on July 21, 2015. The correct production and pricing for the Underlying Properties resulted in revenues for the Waddell Ranch Properties of $5,363,517. Deducted from these would be the lease operating expense (LOE) $1,781,882, taxes of $440,150 and capital expenditures (CAPEX) of $1,561,004 totaling $3,783,036 resulting in a net profit of $1,580,481 for the month of June. With the trust's net profit interest (NPI) of 75% of the underlying properties, this would result in net contribution by the Waddell Ranch Properties of $1,185,361 to this month's distribution. There is no amount of negative NPI deficit to carryover from previous periods for this month.

Permian Basin Royalty Trust Announces July Cash Distribution, Payable on August 14, 2015

Permian Basin Royalty Trust declared a cash distribution to the holders of its units of beneficial interest of $0.051674 per unit, payable on August 14, 2015, to unit holders of record on July 31, 2015.

Permian Basin Royalty Trust Announces June Cash Distribution, Payable on July 14, 2015

Permian Basin Royalty Trust declared a cash distribution to the holders of its units of beneficial interest of $0.036474 per unit, payable on July 14, 2015, to unit holders of record on June 30, 2015. This month's distribution increased from the previous month due to increased pricing for oil and increased of both pricing and production for gas but offset by a negative deficit carried over from the previous months' of payment of capital expenditures on the Waddell Ranch.

 

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PBT:US $6.67 USD -0.34

PBT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cross Timbers Royalty Trust $15.50 USD -0.07
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Hugoton Royalty Trust $2.76 USD -0.17
Sabine Royalty Trust $33.09 USD -1.22
San Juan Basin Royalty Trust $10.68 USD -0.39
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Industry Analysis

PBT

Industry Average

Valuation PBT Industry Range
Price/Earnings 7.7x
Price/Sales 7.5x
Price/Book 435.8x
Price/Cash Flow 7.7x
TEV/Sales 7.5x
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