Company
Headquarters: Dallas, TX, United States
Founded: Fort Worth, Texas, United States 1980
$654.4 Million
USD as of Jan. 1, 2024
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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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Permian Basin Royalty Trust has the following listings and related stock indices.
Stock: NYSE: PBT wb_incandescent
Stock: FSX: P0BR wb_incandescent
Oil and natural gas; royalty trust
Ron E. Hooper, Vice President of Bank of America, N. A., Trustee