PBT Permian Basin Royalty Trust Common Stock
About Permian Basin Royalty Trust Common Stock Company overview from Wikipedia
The Permian Basin Royalty Trust is a United States oil and natural gas royalty trust based in Dallas, Texas. With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United States. Its source of revenue is oil and gas pumped from the geologic formation for which it is named, the Permian Basin in west Texas, as well as a few locations in other parts of the state.
Read more
The Permian Basin Royalty Trust (NYSE: PBT) is a United States oil and natural gas royalty trust based in Dallas, Texas. With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United States. Its source of revenue is oil and gas pumped from the geologic formation for which it is named, the Permian Basin in west Texas, as well as a few locations in other parts of the state.
Most of the Trust's properties are on the Waddell Ranch in Crane County, Texas, where it owns a 75% net overriding royalty interest in the fee mineral interests (in this case, oil and natural gas). Other properties of the trust are in 32 other Texas counties, most of which are in the western portion of the state, on the High Plains; the trust owns a 95% net overriding royalty interest in all of its properties outside of the Waddell Ranch.
The principal productive zones for oil on the Waddell Ranch are in two geologic units, the Grayburg and the San Andreas, at a depth of from 2,800 to 3,400 feet (1,000 m) below ground surface; however there are a total of 12 producing zones on the ranch, including one at a depth of 10,600 feet (3,200 m). As of the end of 2006, there were a total of 800 operational and productive oil wells and 205 natural gas wells on the Waddell Ranch in the Trust. On December 31, 2006, the Trust claimed a lifetime of approximately 8.3 years for all mineral reserves of the Trust.
Permin Basin Royalty Trust came into being in November 1980, with an agreement between Southland Royalty Company and the First National Bank of Fort Worth. As is the case with U.S. royalty trusts, the trust cannot function as a business, and has no employees; all operations and maintenance are carried out by the Trustee and its subcontractors. Currently, the assets of the Trust are managed by ConocoPhillips, which acquired Meridian Oil, the previous operator. Meridian changed its name to Burlington Resources Oil and Gas Company, LP, in 1996, prior to being acquired by ConocoPhillips in 2006.
The Trust pays a relatively high dividend, yielding an annual rate of 12.4% in early 2008; in addition, it pays out monthly, a relative rarity for U.S. stocks. However, its distribution is dependent on the prices of oil and gas; thus, unlike traditional stocks (who, when declaring a dividend, usually maintain it at the same amount for each quarter of the year), the dividend payout will differ each month.
Since the Trust's assets are considered a depletable resource, its dividend payments are not taxed at the regular dividend rate, but rather as return of capital instead of return on investment; this is an additional tax advantage in the United States, and applies to all royalty trusts.
== References and notes ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
PBT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
PBT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| July 31, 2026 | $0.0440 |
| June 30, 2026 | $0.0250 |
| May 29, 2026 | $0.0200 |
| April 30, 2026 | $0.0380 |
| March 31, 2026 | $0.0110 |
| Feb. 27, 2026 | $0.0140 |
| Jan. 30, 2026 | $0.0400 |
| Dec. 31, 2025 | $0.0130 |
| Nov. 28, 2025 | $0.0190 |
| Oct. 31, 2025 | $0.0200 |
| Sept. 30, 2025 | $0.1150 |
| Aug. 29, 2025 | $0.0160 |
| July 31, 2025 | $0.0150 |
| June 30, 2025 | $0.0130 |
| May 30, 2025 | $0.0190 |
| April 30, 2025 | $0.0200 |
| March 31, 2025 | $0.0180 |
| Feb. 28, 2025 | $0.0170 |
| Jan. 31, 2025 | $0.0210 |
| Dec. 31, 2024 | $0.0220 |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| Sept. 30, 2009 | $0.22 | $0.23 | -0.01% |
| June 30, 2009 | $0.13 | $0.14 | -0.01% |
| March 31, 2009 | $0.16 | $0.17 | -0.01% |
| Dec. 31, 2008 | $0.49 | $0.51 | -0.01% |
| March 31, 2008 | $0.49 | $0.51 | -0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PBT | — | — | — | — | — | — |
| NOG | $2.09B | 55.1 | 11.2% | 1.6% | 1.7% | — |
| TALO | $1.86B | -3.9 | -9.8% | -27.8% | -21.1% | — |
| MNR | — | 10.1 | 21.2% | 12.2% | — | — |
| KRP | — | — | 7.9% | 29.8% | — | — |
| KOS | — | -0.6 | -23.1% | -54.3% | -90.5% | — |
| DMLP | — | — | -5.4% | 37.5% | — | — |
| GRNT | — | 26.1 | 18.5% | 5.4% | 3.9% | — |
| SBR | — | — | — | — | — | — |
| HPK | $594M | 33.9 | -22.7% | 2.2% | 1.2% | — |
| COP | — | 14.7 | 7.7% | 13.6% | 12.3% | — |
Latest News Recent headlines mentioning this company
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 111 filers · $495.2M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 17 (+6 vs prior Q) | 9 (-4 vs prior Q) | 29 (+6 vs prior Q) | 24 (-8 vs prior Q) | +193K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | $168,501,395 | 6,729,289 | 34.02% | Shares |
| SoftVest Advisors, LLC | $155,676,359 | 6,217,107 | 31.44% | Shares |
| MAD RIVER INVESTORS | $25,169,016 | 1,005,152 | 5.08% | Shares |
| SCHWARTZ INVESTMENT COUNSEL INC | $23,380,324 | 933,719 | 4.72% | Shares |
| FOUNDATION RESOURCE MANAGEMENT INC | $15,683,328 | 626,331 | 3.17% | Shares |
| Moors & Cabot, Inc. | $14,276,824 | 570,161 | 2.88% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $10,622,693 | 424,229 | 2.14% | Shares |
| PEAK6 LLC | $7,522,016 | 300,400 | 1.52% | Call option |
| Advisory Services Network, LLC | $6,249,847 | 249,595 | 1.26% | Shares |
| SEI INVESTMENTS CO | $5,283,440 | 211,000 | 1.07% | Shares |
| MSRH, LLC | $5,172,160 | 240,342 | 1.04% | Shares |
| SteelPeak Wealth, LLC | $4,999,141 | 199,449 | 1.01% | Shares |
| LPL Financial LLC | $4,950,819 | 197,716 | 1.00% | Shares |
| Beacon Pointe Advisors, LLC | $3,396,562 | 157,833 | 0.69% | Shares |
| Lido Advisors, LLC | $2,953,677 | 117,842 | 0.60% | Shares |
| BWM Planning, LLC | $2,614,111 | 104,397 | 0.53% | Shares |
| Atlas Wealth Partners, LLC | $2,061,210 | 82,241 | 0.42% | Shares |
| RAYMOND JAMES FINANCIAL INC | $1,858,262 | 74,212 | 0.38% | Shares |
| JANE STREET GROUP, LLC | $1,795,618 | 71,710 | 0.36% | Shares |
| HighTower Advisors, LLC | $1,771,831 | 70,760 | 0.36% | Shares |
| PROMETHIUM ADVISORS,LLC | $1,711,871 | 68,298 | 0.35% | Shares |
| Pathstone Holdings, LLC | $1,576,175 | 62,940 | 0.32% | Shares |
| Essex Financial Services, Inc. | $1,423,921 | 56,866 | 0.29% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,349,656 | 53,900 | 0.27% | Call option |
| MOR Wealth Management, LLC | $1,315,451 | 52,534 | 0.27% | Shares |
| Avondale Wealth Management | $1,160,103 | 46,330 | 0.23% | Shares |
| Family Manage LLC | $1,071,912 | 42,808 | 0.22% | Shares |
| Fielder Capital Group LLC | $1,044,808 | 41,726 | 0.21% | Shares |
| PKS Advisory Services, LLC | $1,030,076 | 41,137 | 0.21% | Shares |
| Walleye Capital LLC | $1,011,466 | 40,394 | 0.20% | Shares |
| UBS Group AG | $985,825 | 39,370 | 0.20% | Shares |
| MORGAN STANLEY | $947,263 | 37,830 | 0.19% | Shares |
| EagleClaw Capital Managment, LLC | $916,464 | 36,600 | 0.19% | Shares |
| XTX Topco Ltd | $834,984 | 33,346 | 0.17% | Shares |
| Steward Partners Investment Advisory, LLC | $805,061 | 32,151 | 0.16% | Shares |
| CITADEL ADVISORS LLC | $703,624 | 28,100 | 0.14% | Call option |
| CAPTRUST FINANCIAL ADVISORS | $673,376 | 26,892 | 0.14% | Shares |
| BEESE FULMER INVESTMENT MANAGEMENT, INC. | $658,978 | 26,317 | 0.13% | Shares |
| Financial Sense Advisors, Inc. | $627,272 | 25,051 | 0.13% | Shares |
| BANK OF AMERICA CORP /DE/ | $550,880 | 22,000 | 0.11% | Shares |
| GROUP ONE TRADING LLC | $546,974 | 21,844 | 0.11% | Shares |
| WELLS FARGO & COMPANY/MN | $537,990 | 21,485 | 0.11% | Shares |
| ROYAL BANK OF CANADA | $525,000 | 20,975 | 0.11% | Shares |
| Corient Private Wealth LP | $523,740 | 20,917 | 0.11% | Shares |
| Blue Trust, Inc. | $511,317 | 20,420 | 0.10% | Shares |
| Resurgent Financial Advisors LLC | $500,800 | 20,000 | 0.10% | Shares |
| Stratos Wealth Partners, LTD. | $491,101 | 19,612 | 0.10% | Shares |
| Welch Group, LLC | $483,222 | 19,298 | 0.10% | Shares |
| Capital Investment Advisors, LLC | $459,929 | 18,368 | 0.09% | Shares |
| NAPATREE CAPITAL LLC | $456,715 | 46,273 | 0.09% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $436,092 | 16,645 | 0.09% | Shares |
| BRADLEY FOSTER & SARGENT INC/CT | $413,686 | 16,521 | 0.08% | Shares |
| KINGSWOOD WEALTH ADVISORS, LLC | $369,934 | 14,774 | 0.07% | Shares |
| SteelPeak Wealth, LLC | $350,560 | 14,000 | 0.07% | Call option |
| Ironwood Financial, llc | $345,138 | 12,300 | 0.07% | Shares |
| Caption Management, LLC | $317,082 | 12,663 | 0.06% | Shares |
| First Financial Bankshares Inc | $300,480 | 12,000 | 0.06% | Shares |
| Quadrature Capital Ltd | $298,902 | 11,937 | 0.06% | Shares |
| JPMORGAN CHASE & CO | $279,028 | 11,179 | 0.06% | Shares |
| Clark Asset Management, LLC | $250,400 | 10,000 | 0.05% | Shares |
| Foundations Investment Advisors, LLC | $249,148 | 9,950 | 0.05% | Shares |
| Ethos Financial Group, LLC | $247,690 | 8,500 | 0.05% | Shares |
| FOURPATH CAPITAL MANAGEMENT, LLC | $232,146 | 9,271 | 0.05% | Shares |
| Post Resch Tallon Group Inc. | $210,392 | 8,402 | 0.04% | Shares |
| Argent Trust Co | $200,320 | 8,000 | 0.04% | Shares |
| Atlantic Union Bankshares Corp | $163,361 | 6,524 | 0.03% | Shares |
| Price Jennifer C. | $153,358 | 13,841 | 0.03% | Shares |
| Integrated Wealth Concepts LLC | $114,107 | 4,557 | 0.02% | Shares |
| State of Wyoming | $96,429 | 3,851 | 0.02% | Shares |
| NewEdge Advisors, LLC | $87,462 | 3,493 | 0.02% | Shares |
| Pinnacle Wealth Planning Services, Inc. | $70,613 | 2,820 | 0.01% | Shares |
| SIMPLEX TRADING, LLC | $66,706 | 2,664 | 0.01% | Shares |
| Sandy Spring Bank | $64,653 | 6,524 | 0.01% | Shares |
| Lummis Asset Management, LP | $46,324 | 1,850 | 0.01% | Shares |
| Access Investment Management LLC | $45,072 | 1,800 | 0.01% | Shares |
| Signature Resources Capital Management, LLC | $45,072 | 1,800 | 0.01% | Shares |
| Geneos Wealth Management Inc. | $37,560 | 1,500 | 0.01% | Shares |
| SIGNATUREFD, LLC | $35,456 | 1,416 | 0.01% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $31,600 | 1,262 | 0.01% | Shares |
| PNC Financial Services Group, Inc. | $30,048 | 1,200 | 0.01% | Shares |
| OSAIC HOLDINGS, INC. | $28,846 | 1,152 | 0.01% | Shares |
| BEACON INVESTMENT ADVISORY SERVICES, INC. | $25,040 | 1,000 | 0.01% | Shares |
| United Financial Planning Group LLC | $25,040 | 1,000 | 0.01% | Shares |
| Smartleaf Asset Management LLC | $24,960 | 1,000 | 0.01% | Shares |
| Principia Wealth Advisory, LLC | $22,608 | 1,333 | 0.00% | Shares |
| Sugarloaf Wealth Management, LLC | $17,307 | 1,562 | 0.00% | Shares |
| JNBA Financial Advisors | $14,499 | 579 | 0.00% | Shares |
| BOK Financial Private Wealth, Inc. | $12,282 | 490 | 0.00% | Shares |
| WEBSTER BANK, N. A. | $10,442 | 417 | 0.00% | Shares |
| HARBOUR INVESTMENTS, INC. | $9,690 | 387 | 0.00% | Shares |
| Medallion Wealth Advisors, LLC | $9,615 | 384 | 0.00% | Shares |
| WealthCollab, LLC | $8,113 | 324 | 0.00% | Shares |
| Allworth Financial LP | $7,512 | 300 | 0.00% | Shares |
| HRT FINANCIAL LP | $6,911 | 276,005 | 0.00% | Shares |
| SJS Investment Consulting Inc. | $5,036 | 201 | 0.00% | Shares |
| PFS Partners, LLC | $5,008 | 200 | 0.00% | Shares |
| Fortis Group Advisors, LLC | $5,008 | 200 | 0.00% | Shares |
| CoreCap Advisors, LLC | $5,008 | 200 | 0.00% | Shares |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $4,974 | 200 | 0.00% | Shares |
| ASSETMARK, INC | $4,733 | 189 | 0.00% | Shares |
Company insiders 1 insider · 0 officers · 0 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Burlington Resources Oil & Gas CO LP | — | Jan. 19, 2006 S | 9,620,741 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| SoftVest Advisors, LLC, SoftVest GP I, LLC, SoftVest, L.P., Eric L. Oliver ×6 filings | July 29, 2026 | 13.30% | Amendment | — | SEC |
| Burlington Resources Inc., Burlington Resources Oil & Gas Company LP, BROG GP Inc. ×2 filings | Jan. 6, 2006 | — | Initial filing | — | SEC |
| Alpine Capital, L.P., Robert W. Bruce III, Algenpar, Inc., J. Taylor Crandall ×4 filings | Nov. 16, 2001 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.