Permian Basin Royalty Trust

NYSE: PBT
$13.86
+$0.10 (+0.7%)
Closing Price on November 22, 2024

PBT Stock Chart and Intraday Price

PBT Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector TECHNOLOGY
Industry GENERAL
Address NONE
Fiscal Year End December
Latest Quarter 9/30/2023
Market Cap 623.16M USD
Shares Outstanding 46,608,800
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.

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