Permian Basin Royalty Trust PBT

33.53 (0.21) (0.62%) as of 25 Sep
Market cap
$1.6B
P/E
96.4×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 10.02%

Capital & Financial Ratios

Market Cap 1,570.00
Revenue 17.62
Net Income 0.00
Free Cash Flow —
Net Debt (2.25)
Current Ratio 1.00
Debt/Equity 0.00
P/E ratio 96.37
P/S ratio 89.22
P/B ratio 0.00
Past 5Y EPS Growth 5.50%
This Y EPS Growth (9.20%)
Next Y EPS Growth —
Next 5Y EPS Growth 10.00%
in millions of $

Dividends

Payout Ratio 1.00
Annual Dividend Rate 0.62
Annual Dividend Yield 4.49%
total individual payouts
2026 0.23
0.04
0.01
0.01
0.04
0.02
0.02
0.04
0.02
0.02
2025 0.33
0.02
0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.12
0.02
0.02
0.02
0.01
2024 0.55
0.03
0.05
0.04
0.09
0.02
0.07
0.07
0.05
0.05
0.03
0.02
0.02
2023 0.60
0.04
0.04
0.02
0.03
0.04
0.05
0.02
0.02
0.02
0.04
0.16
0.11
2022 1.15
0.03
0.03
0.02
0.03
0.03
0.09
0.16
0.20
0.22
0.21
0.08
0.04
2021 0.23
0.01
0.02
0.01
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
2020 0.24
0.04
0.05
0.03
0.02
0.02
0.00
0.01
0.01
0.01
0.01
0.01
0.01
2019 0.42
0.03
0.03
0.03
0.02
0.04
0.04
0.04
0.04
0.04
0.03
0.04
0.04
2018 0.66
0.06
0.07
0.07
0.05
0.06
0.04
0.06
0.04
0.05
0.06
0.05
0.05
2017 0.63
0.05
0.10
0.05
0.06
0.05
0.04
0.04
0.05
0.04
0.05
0.05
0.05
2016 0.41
0.01
0.02
0.01
0.01
0.03
0.03
0.04
0.05
0.05
0.05
0.05
0.06
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 6 2 2 2
Receivables — — — —
Inventory — — — —
Other — — — —
6 2 2 2
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt — — — —
Other — — — —
6 2 2 2
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (1.02%) 5.92% (33.43%)
Cash Flow — — —
Earnings (1.15%) 5.47% (35.60%)
Book Value (13.34%) (15.74%) (16.51%)

Revenue

Mar Jun Sep Dec Year
’26 4 4 — — —
’25 3 3 7 3 16
’24 6 9 8 4 27
’23 5 6 3 14 29
’22 4 8 27 15 54
’21 2 3 3 3 12
’20 6 2 1 2 12
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Year
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Year
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.06 0.08 — — —
’25 0.06 0.05 0.15 0.06 0.31
’24 0.12 0.18 0.17 0.08 0.55
’23 0.10 0.12 0.07 0.31 0.60
’22 0.08 0.16 0.58 0.33 1.15
’21 0.04 0.06 0.06 0.07 0.23
’20 0.13 0.04 0.03 0.04 0.24
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
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
Low Price
8.50 10.30 10.30 8.50 4.24 10.12 25.38 27.77 15.79 20.46
High Price
— — — — — — — — — —
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
21 31 32 20 12 12 54 29 27 16
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
19 29 31 19 11 11 54 28 25 14
EBT
91.75% 95.96% 95.95% 94.80% 91.02% 90.82% 98.39% 96.44% 94.26% 89.07%
EBT Margin
0 0 0 0 0 0 0 0 0 0
Net Income
— — — — — — — — — —
Depreciation
0.45 0.66 0.69 0.44 0.26 0.25 1.17 0.62 0.58 0.34
Revenue/Sh
0.42 0.63 0.66 0.42 0.24 0.23 1.15 0.60 0.55 0.31
Earnings/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free CF/Sh
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00
Book Value/Sh
47 47 47 47 47 47 47 47 47 47
Shares
19.61 13.84 8.94 9.19 13.81 44.01 19.51 23.45 20.15 53.06
PE Ratio
17.77 13.51 8.57 8.78 12.81 39.88 19.22 22.61 19.15 49.29
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
17.59 13.40 8.46 8.64 12.67 39.69 19.17 22.40 19.07 49.19
EV/Sales
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/FCF
— — — — — — — — — —
Op' Cash Flow
— — — — — — — — — —
Capex
— — — — — — — — — —
FCF
0 0 0 0 0 0 0 0 0 0
Working Cap'
— — — — — — — — — —
Total Debt
(4) (3) (4) (3) (2) (2) (3) (6) (2) (2)
Net Debt
1 1 0 0 0 0 0 0 0 0
Sh' Equity
591.34% 702.47% 775.10% 533.45% 406.22% 455.33% 1,866.91% 594.80% 593.83% 686.73%
ROA
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC
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%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Permian Basin Royalty Trust peers in Oil & Gas Midstream

All 58 Oil & Gas Midstream stocks →

Permian Basin Royalty Trust (PBT) key facts

  • Permian Basin Royalty Trust (PBT) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
  • Permian Basin Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $16.1 million, down 40.5% from fiscal 2024.
  • As of September 25, 2026, PBT traded at $33.53, a market capitalization of $1.6 billion.
  • At that price the stock trades at 96.4× trailing-twelve-month earnings and 89.2× sales.
  • Permian Basin Royalty Trust pays an annual dividend of $0.62 per share, a yield of 4.49%, with a payout ratio of 99.7%.
  • Return on equity was 0.00% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Permian Basin Royalty Trust (PBT) Latest News

News by impact score

Fine-tune

29 Jul

5

Permian Basin Royalty Trust will merge with Blackbeard's US Land Guild Business. Merger with Blackbeard's US Land Guild Business will fundamentally alter Permian Basin Royalty Trust's structure and market position.

28 Jul

5

SoftVest and Blackbeard sign definitive agreement for $2.2 billion combination of Permian Basin Royalty Trust and US Land Guild. $2.2 billion combination deal represents major strategic move expected to fundamentally redefine PBT's long-term prospects.

3

Softvest and Blackbeard enter combination agreement with respect to Permian Basin Royalty Trust. Combination agreement between key parties may alter ownership structure and governance of the trust.

19 May

4

Permian Basin Royalty Trust announced receipt of SoftVest Schedule 13D filing related to a proposed business combination. SoftVest Schedule 13D filing on proposed business combination signals potential control shifts and strategic overhaul for Permian Basin Royalty Trust.

4

SoftVest and Blackbeard discuss merger deal for Permian Basin Royalty Trust. Merger talks between key investors signal potential ownership and operational shifts for Permian Basin Royalty Trust.

3

Permian Basin Royalty Trust announced a cash distribution for May and reported an excess cost position on Waddell Ranch properties. The distribution amount reflects the trust's revenue from oil and gas production, while the excess cost position indicates higher operational costs than anticipated in the Waddell Ranch area. The announcement of cash distribution and excess cost position may moderately influence financial performance and investor sentiment.

18 May

4

SoftVest and Blackbeard Holdings propose a business combination with Permian Basin Royalty Trust, signaling potential ownership restructuring and operational shifts for the royalty trust. Proposed business combination constitutes a major strategic move expected to significantly alter PBT's ownership structure and trajectory.

8 May

4

Permian Basin Royalty Trust announced results of SoftVest hearing requesting modification of Trust Indenture. Hearing results on Trust Indenture modification represent a major potential shift in trust governance and operations.

22 Apr

3

Permian Basin Royalty Trust (PBT) valuation analyzed following announcement of its latest cash distribution. Cash distribution announcements moderately affect PBT's financial performance and market valuation.

15 Apr

4

Permian Basin Royalty Trust (PBT), America's strangest oil investment, just delivered one of its best years ever amid surging Permian Basin production and high oil prices. Record-breaking yearly performance signals strong future revenue potential and heightened investor interest in PBT.

6 Apr

3

Permian Basin Royalty Trust (PBT) declares weaker 2025 results, yielding a 72.4x P/E ratio that sparks valuation concerns. Weaker 2025 results and elevated 72.4x P/E ratio moderately influence PBT's financial performance and investor sentiment.

26 Mar

3

Permian Basin Royalty Trust (PBT) reports a lower payout, raising questions about its reputation for reliable income amid fluctuating oil production and prices. Lower payout directly challenges PBT's core appeal as a stable income trust, likely impacting short-term investor sentiment and financial perception.

22 Jan

4

An insider of Permian Basin Royalty Trust (PBT) significantly increased their holdings by 324% over the past year, indicating strong confidence in the company's future performance. This move may reflect positive expectations regarding the trust's financial health and market position. A substantial increase in insider holdings typically signals strong confidence in the company's future prospects, which can influence investor sentiment and market performance.

20 Jan

3

Permian Basin Royalty Trust (PBT) announced its January cash distribution and reported an excess cost position on Waddell Ranch properties. Additionally, a petition has been filed by SoftVest regarding the trust's operations. The announcement of cash distribution and operational issues may moderately influence PBT's financial performance and market sentiment.

19 Dec

3

Permian Basin Royalty Trust (PBT) announced its cash distribution for December, detailing an excess cost position on Waddell Ranch properties. Additionally, the results of a special meeting called by SoftVest were disclosed, indicating shareholder engagement and potential strategic implications for the trust's operations. The announcement of cash distribution and excess cost position may moderately influence financial performance and investor sentiment.

13 Dec

3

Permian Basin Royalty Trust (PBT) is approaching its ex-dividend date, prompting investors to consider the implications of this event on their holdings. The trust's performance is closely tied to oil prices and production levels in the Permian Basin, making it a focal point for those interested in energy investments. As the ex-dividend date nears, market sentiment may shift, influencing trading activity and investor decisions regarding PBT shares. The upcoming ex-dividend date may influence investor sentiment and trading activity, but it is not expected to fundamentally alter the company's trajectory.

6 Dec

4

Permian Basin Royalty Trust (PBT) reported solid earnings, reflecting the strength of its holdings and overall business performance. The trust's financial results indicate resilience in its operations, driven by favorable market conditions and effective management strategies. Investors are likely to view these results positively, as they suggest a stable outlook for the trust's future performance. Strong earnings indicate significant operational strength and potential for future growth.

30 Nov

3

Investors seeking monthly passive income can consider the Permian Basin Royalty Trust (PBT) as a viable option. The trust offers a unique investment opportunity through its royalty interests in oil and gas properties in the Permian Basin. With the potential for steady income generation, PBT stands out among other investment vehicles. Investors are encouraged to evaluate their financial goals and risk tolerance when considering PBT as part of their portfolio. PBT's income generation potential may moderately influence investor sentiment and financial performance.

21 Oct

3

Permian Basin Royalty Trust announced its cash distribution for October and reported an excess cost position on Waddell Ranch properties. Additionally, a special meeting has been called by SoftVest. The announcement of cash distribution and excess cost position may moderately influence financial performance and investor sentiment.

2 Oct

3

Permian Basin Royalty Trust (PBT) has experienced a reduction in holdings as Avondale has cut its stake. This development raises concerns about the trust's future performance and market position, given the significance of Avondale's investment in PBT. Investors are advised to monitor the situation closely as it may influence market sentiment and operational dynamics. Avondale's reduction in holdings is expected to moderately influence PBT's market sentiment and operational dynamics.

19 Sep

3

Permian Basin Royalty Trust announced its cash distribution for September, highlighting an excess cost position on Waddell Ranch properties. Additionally, the trust has settled a lawsuit related to these properties, which may impact its financial standing. The settlement of the lawsuit and the excess cost position may moderately influence financial performance and investor sentiment.

20 Aug

4

Permian Basin Royalty Trust has reached a $9 million settlement to resolve a royalty dispute. The agreement aims to end ongoing litigation related to the trust's oil and gas royalties, providing clarity and financial relief for stakeholders. This settlement is expected to positively impact the trust's operations and investor confidence moving forward. The $9 million settlement is a significant resolution to ongoing litigation that could enhance operational stability and investor sentiment.

19 Aug

3

Permian Basin Royalty Trust has announced a settlement regarding the Blackbeard litigation, resolving ongoing legal disputes. The settlement is expected to have implications for the trust's operations and financial performance moving forward. The settlement may moderately influence the trust's financial performance and operational stability.

13 Aug

3

Permian Basin Royalty Trust (PBT) reported its Q2 earnings, highlighting a decrease in revenue due to lower oil prices and production levels. The trust's net income fell significantly compared to the previous quarter, reflecting the impact of market conditions on its financial performance. Despite these challenges, the trust remains committed to its distribution strategy, although future payouts may be affected by ongoing volatility in the energy sector. Investors are advised to monitor market trends closely as they could influence PBT's performance moving forward. Lower oil prices and production levels are expected to moderately affect PBT's financial performance and investor sentiment.

3

Permian Basin Royalty Trust (PBT) has declared its cash distribution for July and reported an excess cost position on its Waddell Ranch properties. This announcement highlights the trust's ongoing financial activities and operational status in the oil and gas sector. The declaration of cash distribution and reporting of excess costs may moderately influence PBT's financial performance and investor sentiment.

21 Jul

4

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT), declared a cash distribution of $0.015311 per unit, payable on August 14, 2025, to unit holders of record on July 31, 2025. The distribution excludes proceeds from the Waddell Ranch properties due to production costs exceeding gross proceeds in May. The Texas Royalty Properties contributed $901,654 to the distribution, despite lower oil volumes. The Trustee is pursuing litigation against Blackbeard Operating, LLC for over $9 million in damages related to royalty calculations. The trial is set for November 17, 2025. Future distributions may be affected by ongoing market conditions and Blackbeard's reporting practices. Ongoing litigation and production cost issues at Waddell Ranch could significantly impact future distributions and investor sentiment.

20 Jun

3

Permian Basin Royalty Trust announced a cash distribution for June and reported an excess cost position on its Waddell Ranch properties. The distribution reflects the trust's ongoing operations and financial performance, while the excess cost position indicates potential challenges in managing expenses related to the properties. The announcement of cash distribution and excess cost position may moderately influence financial performance and investor sentiment.

27 May

4

Permian Basin Royalty Trust has filed a lawsuit against Blackbeard Operating LLC, alleging that the company has failed to pay royalties owed to the trust. The lawsuit claims that Blackbeard has not properly accounted for oil and gas production, leading to significant financial losses for the trust. The outcome of this legal action could have implications for the trust's revenue and future operations. The lawsuit could significantly impact the trust's revenue and operational stability depending on the court's ruling.

4

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust, has filed a Second Amended Petition against Blackbeard Operating, LLC in Tarrant County, Texas, seeking over $9 million in damages for alleged improper royalty calculations and deductions. The claims involve Blackbeard's failure to pay royalties on oil, gas, and minerals produced from the Waddell Ranch properties, covering production from April 2020 to December 2023. A joint venture audit for 2024 is ongoing, with a trial date set for November 17, 2025. The lawsuit could significantly impact the Trust's financial performance and investor sentiment due to the substantial amount of damages sought.

22 May

4

Permian Basin Royalty Trust (PBT) experienced a gain this week due to rising oil prices and increased demand for energy. The trust benefits from its interests in oil and gas properties in the Permian Basin, which have seen improved production levels. Analysts suggest that the favorable market conditions and operational efficiencies are contributing to the trust's positive performance, attracting investor interest. Rising oil prices and increased demand are likely to significantly impact PBT's financial performance and investor sentiment.

stockrow.com/PBT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com