Dividends & Buybacks ·
Permian Basin Royalty Trust announced a monthly cash distribution of $0.043566 per unit, payable on August 14, 2026…
PBTPermian Basin Royalty Trust
Permian Basin Royalty Trust announced a monthly cash distribution of $0.043566 per unit, payable on August 14, 2026, to unitholders of record on July 31, 2026. The distribution was supported by a $1,125,000 settlement payment from Blackbeard Operating LLC and higher oil pricing, though Waddell Ranch properties remain in an excess cost position. The company operates in the energy sector as a royalty trust managing oil and gas production interests.