Permian Basin Royalty Trust — News

DALLAS, July 21, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.043566 per unit, payable on August 14, 2026, to unit holders of record on July 31, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross proceeds ("Gross Proceeds") for the month of June, resulting in a continuing excess cost position for the Waddell Ranch properties.

prnewswire.com - 2026-07-21 08:00:00

DALLAS, June 18, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.024673 per unit, payable on July 15, 2026, to unit holders of record on June 30, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross proceeds ("Gross Proceeds") for the month of May, resulting in a continuing excess cost position for the Waddell Ranch properties.

prnewswire.com - 2026-06-18 08:00:00

On June 16, 2026, Permian Basin Royalty Trust (PBT) shares fell 3.3% today, bringing the current price to $26.47. Over the past year, the stock has seen a 52-we

gurufocus.com - 2026-06-16 20:02:00

On May 28, 2026, Permian Basin Royalty Trust (PBT) shares rose 6.5%, bringing the current price to $29.64. The stock has demonstrated significant volatility, wi

gurufocus.com - 2026-05-28 20:48:00

On May 22, 2026, Permian Basin Royalty Trust (PBT) shares rose 3.4% to a current price of $31.01. The stock has experienced a significant increase in the past y

gurufocus.com - 2026-05-22 20:07:00

DALLAS, May 19, 2026 /PRNewswire/ -- Argent Trust Company, as trustee ("Trustee") of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust"), today announced that it has received a Schedule 13D ("Schedule 13D") filed with the Securities and Exchange Commission on May 18, 2026 by SoftVest, L.P. ("SoftVest"), a unitholder of the Trust, and certain other parties disclosing that SoftVest and Blackbeard Holdings, LLC ("Blackbeard") have agreed to a preliminary non-binding term sheet that sets forth the proposed high-level material terms and conditions governing a potential business combination of the Trust and certain Blackbeard assets.

prnewswire.com - 2026-05-19 09:15:00

Transaction Would Create a Diversified, NYSE-Listed Energy Royalty and Surface Estate Company Transaction Would Create a Diversified, NYSE-Listed Energy Royalty and Surface Estate Company

globenewswire.com - 2026-05-18 18:18:00

DALLAS, May 18, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.020355 per unit, payable on June 12, 2026, to unit holders of record on May 29, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross proceeds ("Gross Proceeds") for the month of April, resulting in a continuing excess cost position for the Waddell Ranch properties.

prnewswire.com - 2026-05-18 08:00:00

DALLAS, May 8, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust"), today announced that a hearing was held on May 8, 2026, before the 96th District Court of Tarrant County, Texas in connection with the Original Petition for Modification of Trust (the "Petition") filed by SoftVest, L.P. ("SoftVest"), a unitholder of the Trust, seeking judicial modification of the Trust's Indenture.

prnewswire.com - 2026-05-08 16:15:00

DALLAS, May 6, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today announced that SoftVest, L.P. ("SoftVest") has advised the Trustee that the hearing scheduled on May 8, 2026, before the 96th District Court of Tarrant County, has been rescheduled to 9:30 a.m.

prnewswire.com - 2026-05-06 14:40:00