Saturday 17 October 2026
Export PBT’s income statement to Excel — free account
Permian Basin Royalty Trust
PBT Energy Oil & Gas Midstream
Permian Basin Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $16.1 million, down 40.5% from fiscal 2024. In the quarter to June 2026, revenue grew 34.6% and EPS grew 60.0%, each against the same quarter a year earlier.
33.14
0.48
−1.43%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 4.20 | 7.80 | 5.52 | 3.50 | 2.11 | 3.30 | 9.87 | 13.75 | 10.14 | 8.01 |
Analyst estimates 2026–2028 Powerpack |
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| High | 8.50 | 10.30 | 10.30 | 8.50 | 4.24 | 10.12 | 25.38 | 27.77 | 15.79 | 20.46 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | ||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 21 | 31 | 32 | 20 | 12 | 12 | 54 | 29 | 27 | 16 | ||||
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | 19 | 29 | 31 | 19 | 11 | 11 | 54 | 28 | 25 | 14 | |||||
| EBT margin, % | 91.75 | 95.96 | 95.95 | 94.80 | 91.02 | 90.82 | 98.39 | 96.44 | 94.26 | 89.07 | |||||
| Net income | — | — | — | — | — | — | — | — | — | — | |||||
| Depreciation | — | — | — | — | — | — | — | — | — | — | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.45 | 0.66 | 0.69 | 0.44 | 0.26 | 0.25 | 1.17 | 0.62 | 0.58 | 0.34 | ||||
| Earnings | 0.42 | 0.63 | 0.66 | 0.42 | 0.24 | 0.23 | 1.15 | 0.60 | 0.55 | 0.31 | |||||
| Cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Free cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Book value | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | |||||
| Shares, m | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 19.61 | 13.84 | 8.94 | 9.19 | 13.81 | 44.01 | 19.51 | 23.45 | 20.15 | 53.06 | ||||
| P/S | 17.77 | 13.51 | 8.57 | 8.78 | 12.81 | 39.88 | 19.22 | 22.61 | 19.15 | 49.29 | |||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | 17.59 | 13.40 | 8.46 | 8.64 | 12.67 | 39.69 | 19.17 | 22.40 | 19.07 | 49.19 | |||||
| EV/FCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | — | — | — | ||||
| Capex | — | — | — | — | — | — | — | — | — | — | |||||
| Free cash flow | — | — | — | — | — | — | — | — | — | — | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Total debt | — | — | — | — | — | — | — | — | — | — | |||||
| Net debt | (4) | (3) | (4) | (3) | (2) | (2) | (3) | (6) | (2) | (2) | |||||
| Shareholders’ equity | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 591.34 | 702.47 | 775.10 | 533.45 | 406.22 | 455.33 | 1,866.91 | 594.80 | 593.83 | 686.73 | ||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | 3,418.21 | 5,180.71 | 6,178.91 | 4,354.02 | 2,714.54 | 2,915.12 | 16,941.56 | 0.00 | 0.00 | 0.00 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Permian Basin Royalty Trust vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NGL NGL Energy Partners LP | $1.9B | — (loss-making) | 18.6× | +59.12% (above 0%: growing) | +1,100.00% (above 0%: growing) | −386.50% (below 0%: shrinking) | 30.87% | 14.68% | Compare |
| GEL Genesis Energy, L.P. | $1.7B | 74.9× | 261× | +40.98% (above 0%: growing) | n/m | +2,417.50% (above 0%: growing) | 32.06% | 19.82% | Compare |
| GLP Global Partners LP | $1.7B | 10.1× | 10.4× | +46.79% (above 0%: growing) | +240.00% (above 0%: growing) | +36.41% (above 0%: growing) | 4.84% | 1.58% | Compare |
| NAT Nordic American Tankers Limited | $1.7B | 13.0× | 8.6× | +133.96% (above 0%: growing) | n/m | +197.49% (above 0%: growing) | 83.25% | 82.06% | Compare |
| PBT Permian Basin Royalty Trust | $1.6B | 94.7× | 21.9× | +34.59% (above 0%: growing) | +60.00% (above 0%: growing) | — | 100.00% | 92.68% | |
| FLNG Flex LNG Ltd. | $1.5B | 14.8× | 14.3× | +24.21% (above 0%: growing) | +151.52% (above 0%: growing) | +185.57% (above 0%: growing) | 76.00% | 55.68% | Compare |
| TEN Tsakos Energy Navigation Ltd | $1.5B | 5.2× | 8.0× | +54.37% (above 0%: growing) | +556.72% (above 0%: growing) | +185.92% (above 0%: growing) | 62.31% | 54.53% | Compare |
| NVGS Navigator Holdings Ltd. | $1.3B | 9.7× | 7.8× | +29.55% (above 0%: growing) | +177.42% (above 0%: growing) | +9.98% (above 0%: growing) | 55.10% | 28.48% | Compare |
| TK Teekay Corporation Ltd. | $1.2B | 9.6× | 41.1× | −24.36% (below 0%: shrinking) | −23.68% (below 0%: shrinking) | +211.73% (above 0%: growing) | 31.43% | 27.41% | Compare |
| Median of peers | $1.6B | 10.1× | 12.4× | +43.88% | +208.71% | +185.75% | 43.58% | 27.95% |
Permian Basin Royalty Trust (PBT) key facts
- Concern: Permian Basin Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $16.1 million, down 40.5% from fiscal 2024.
- Permian Basin Royalty Trust (PBT) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
- As of October 16, 2026, PBT traded at $33.14, a market capitalization of $1.6 billion.
- At that price the stock trades at 94.7× trailing-twelve-month earnings and 87.7× sales; its P/E is higher than 99% of its own readings over the past ten years.
- Permian Basin Royalty Trust pays an annual dividend of $0.30 per share, a yield of 0.91%, with a payout ratio of 86.4%.
- Return on equity was 0.00% and debt-to-equity 0.00.