Company

Permian Basin Royalty Trust

Headquarters: Dallas, TX, United States

Founded: Fort Worth, Texas, United States 1980

NYSE: PBT +1.08%

Market Cap

$502.4 Million

USD as of July 1, 2024

Market Cap History

Permian Basin Royalty Trust market capitalization over time

Evolution of Permian Basin Royalty Trust market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Permian Basin Royalty Trust

Detailed Description

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2020, the Waddell Ranch properties contained 221 net productive oil wells, 39 net productive gas wells, and 67 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprised approximately 125 separate royalty interests containing 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.

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Stocks & Indices

Permian Basin Royalty Trust has the following listings and related stock indices.


Stock: NYSE: PBT wb_incandescent

Stock: FSX: P0BR wb_incandescent

Product & Services

Oil and natural gas; royalty trust

Key People

Ron E. Hooper, Vice President of Bank of America, N. A., Trustee

Details

Headquarters:

2911 Turtle Creek Boulevard

Suite 850

Dallas, TX 75219

United States

Phone: 855 588 7839

Fax: 214 559 7010