Permian Basin Royalty Trust declared a monthly cash distribution of $0.045191 per unit, payable on November 16, 2026, to unitholders of record on October 30, 2026. The increase from the prior month was driven by a final settlement payment from Blackbeard Operating and higher natural gas volumes and pricing for the Texas Royalty Properties, partially offset by lower oil prices. No proceeds were included from the Waddell Ranch properties due to an excess cost position where production costs exceeded gross proceeds. The trust operates in the energy sector as a royalty trust holding net profits interests in oil and natural gas properties.
