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%
Market cap
$1.6B
P/E
94.7×
Fwd P/E
21.9×
Dividend yield
0.91%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 10.02%

Capital & Financial Ratios $m

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 (at or below 0.5: strong)
P/E ratio 94.69 (above 35: high)
Fwd P/E 21.90
P/S ratio 87.66 (above 10: high)
P/B ratio 0.00
Past 5Y EPS Growth 5.69%
This Y EPS Growth (9.20%) (below 0%: weak)
Next Y EPS Growth —
Next Y revenue growth 361.65% (at or above 10%: strong)
Next 5Y EPS Growth 10.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 98.53%
10-year low 10-year high
P/S against its own 10 years 98.64%
10-year low 10-year high
EV/Sales against its own 10 years 98.64%
10-year low 10-year high

Dividends

Payout Ratio 0.86
Annual Dividend Rate 0.30
Annual Dividend Yield 0.91%
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
special payouts not included in total or ratios

Assets vs Liabilities $m

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

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 $m

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
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Year
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Year
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

Ten 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
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.

All 10 years →

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%

All 58 Oil & Gas Midstream stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Permian Basin Royalty Trust (PBT) Latest News

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