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Last $7.25 USD
Change Today -0.02 / -0.28%
Volume 78.6K
PBT On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

permian basin royalty trust (PBT) Snapshot

Open
$7.32
Previous Close
$7.27
Day High
$7.33
Day Low
$6.91
52 Week High
09/2/14 - $14.37
52 Week Low
08/24/15 - $6.00
Market Cap
337.9M
Average Volume 10 Days
141.6K
EPS TTM
$0.64
Shares Outstanding
46.6M
EX-Date
08/27/15
P/E TM
11.3x
Dividend
$0.43
Dividend Yield
6.83%
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 Dallas, 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 Announces August Cash Distribution, Payable on September 15, 2015

Permian Basin Royalty Trust declared a cash distribution to the holders of its units of beneficial interest of $0.035737 per unit, payable on September 15, 2015, to unit holders of record on August 31, 2015.

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.

 

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PBT Competitors

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Company Last Change
Cross Timbers Royalty Trust $15.43 USD -0.321
Dorchester Minerals LP $14.73 USD -0.34
Hugoton Royalty Trust $3.01 USD -0.23
Sabine Royalty Trust $31.16 USD -0.08
San Juan Basin Royalty Trust $10.51 USD -0.09
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Industry Analysis

PBT

Industry Average

Valuation PBT Industry Range
Price/Earnings 11.4x
Price/Sales 10.9x
Price/Book 482.3x
Price/Cash Flow 11.4x
TEV/Sales 10.9x
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