PBT logo Permian Basin Royalty Trust : PBT

PBT

Stock Data

$22.45

Change up

$0.00 (0.00%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

ENERGY

Industry

OIL & GAS MIDSTREAM

Permian Basin Royalty Trust is a unique investment entity that owns significant oil and gas royalties in the United States. With a focus on Texas, it holds a 75% interest in the Waddell Ranch, featuring multiple fields in Crane County, and a 95% interest in Texas Royalty properties across 33 counties. These properties span over 51,000 net producing acres, showcasing a diverse portfolio of oil fields. Established in 1980 and based in Dallas, Texas, the trust offers investors a share in the profits from these oil and gas operations.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.