OakChart

Permian Basin Royalty Trust

PBTEnergy·Oil & Gas Midstream·USA·Small·NYSE·Nov 11 • 3:18 PM ET

30.60-0.03 (-0.10%)
2026-11-11 21:21 CET
Market cap
1,427.63 USD m
Revenue, TTM
15.40 USD m
Net income, TTM
13.16 USD m
Free cash flow, TTM
- USD m
EPS diluted, TTM
0.28
P/E
108.40
Compare

Price

PBT against its 20, 50 and 200-day averages
2050200
20.0025.0030.0035.00445K889KVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PBTclose 30.6020-day 31.7550-day 33.13200-day 27.2230.6052w high

17.3% under the 52-week high of 37.00 on 15 Sep 2026. 52-week low 16.25 on 16 Dec 2025. Last 15 sessions, 23.9% high to low

Volume 0.91× normal · the line is the 50-bar volume average

Profile

PBT
52-week range, 69% of the way up
16.2537.00

Permian Basin Royalty Trust is a trust of Argent Trust Company. Its properties include Waddell Ranch and Texas Royalty. The company was founded on November 1, 1980 and is headquartered in Dallas, TX.

IPOOct 24, 1980
Beta0.41
ATR, 14d1.31
Rel volume0.91
Short float2.21%
Insider own10.02%
Inst own44.19%

Snapshot

6 groups

Valuation

Index-
Market Cap1.43B
Enterprise Value1.42B
Income13.16M
Sales15.40M
Book/sh0.00
Cash/sh0.06
Dividend Est.-
Dividend TTM0.31 (1.01%)
Dividend Ex-DateOct 30, 2026
Dividend Gr. 3/5Y-35.40% 5.25%
Payout100.00%
Employees-
IPOOct 24, 1980

Ratios

P/E108.40
Forward P/E-
PEG-
P/S92.61
P/B8843.93
P/C536.18
P/FCF-
EV/EBITDA92.98
EV/Sales92.44
Quick Ratio2.92
Current Ratio2.92
Debt/Eq0.00
LT Debt/Eq0.00
Option/ShortYes / Yes

Earnings

EPS (ttm)0.28
EPS next Y-
EPS next Q-
EPS this Y-
EPS next Y-
EPS next 5Y-
EPS past 3/5Y-35.60% 5.47%
Sales past 3/5Y-33.35% 6.00%
EPS Y/Y TTM-13.93%
Sales Y/Y TTM-10.82%
EPS Q/Q-44.36%
Sales Q/Q-31.57%
Earnings-
EPS/Sales Surpr.- -

Ownership

Insider Own10.02%
Insider Trans0.00%
Inst Own44.19%
Inst Trans1.57%
ROA277.58%
ROE8128.64%
ROIC8156.60%
Gross Margin-
Oper. Margin85.45%
Profit Margin85.45%
SMA20-3.61%
SMA50-7.63%
SMA20012.40%
Trades-

Technical

Shs Outstand46.61M
Shs Float41.94M
Short Float2.21%
Short Ratio6.70
Short Interest0.93M
52W High37.00 -17.30%
52W Low16.25 88.31%
Volatility4.97% 4.21%
ATR (14)1.31
RSI (14)43.22
Beta0.41
Rel Volume0.91
Avg Volume138.30K
Volume113,277

Performance

Perf Week7.41%
Perf Month-13.53%
Perf Quarter-8.66%
Perf Half Y6.03%
Perf YTD80.21%
Perf Year56.60%
Perf 3Y76.06%
Perf 5Y272.72%
Perf 10Y341.56%
Recom-
Target Price-
Prev Close30.63
Price30.60
Change %-0.10%

Analyst ratings

latest 1 of 1
DateActionAnalystRating changeTargetImplied
Mar 12, 2008DowngradeCCitigroupBuy → Hold$17 → $20-34.6%

Peers

Mkt cap
TickerCompanyMkt cap
SBRSabine Royalty Trust933.07M
VNOMViper Energy Inc14.88B
DMLPDorchester Minerals LP1.41B
KRPKimbell Royalty Partners LP2.18B
PRTPermRock Royalty Trust17.64M
SJTSan Juan Basin Royalty Trust206.01M
TPLTexas Pacific Land Corp19.35B
CRTCross Timbers Royalty Trust76.38M
PVLPermianville Royalty Trust58.08M
BSMBlack Stone Minerals LP2.98B

Held by

AUM
TickerCompanyAUM
INFLHorizon Kinetics Inflation Beneficiaries ETFAUM: 1.53B
EHLSEven Herd Long Short ETFAUM: 53.35M
TEXXHorizon Kinetics Texas ETFAUM: 2.81M
NVIRHorizon Kinetics Energy and Remediation ETFAUM: 4.81M

News

latest 14 of 200
  • Permian Basin Royalty: Q3 Earnings Snapshot (Associated Press)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES RECORD DATE AND MEETING DATE FOR SPECIAL MEETING TO CONSIDER SOFTVEST PROPOSALS (PR Newswire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES OCTOBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES (PR Newswire)
  • PBT Land and Minerals Announces Record Date and Subscription Price for Rights Offering (Business Wire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES (PR Newswire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES AUGUST CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES (PR Newswire)
  • Permian Basin Royalty: Q2 Earnings Snapshot (Associated Press)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES NOTICE OF COMBINATION AGREEMENT BETWEEN SOFTVEST AND BLACKBEARD WITH RESPECT TO THE TRUST (PR Newswire)
  • SoftVest and Blackbeard Sign Definitive Agreement for $2.2 Billion Combination of Permian Basin Royalty Trust and US Land Guild (Business Wire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES JULY CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES (PR Newswire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES JUNE CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES, AND SOFTVEST PROPOSAL (PR Newswire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES RECEIPT OF SOFTVEST SCHEDULE 13D WITH RESPECT TO PROPOSED BUSINESS COMBINATION (PR Newswire)
  • PERMIAN BASIN ROYALTY TRUST ANNOUNCES MAY CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES, AND RESULTS OF HEARING (PR Newswire)
  • Permian Basin Royalty: Q1 Earnings Snapshot (Associated Press) -5.34%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
No quarterly earnings.

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
No annual earnings.

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
No estimate revisions.

Estimate history

EPS, annual0.630.6610.4170.2350.231.1490.60.5450.3070.2823
Period201720182019202020212022202320242025TTM
EPS, quarterly0.1730.0740.0560.0510.1470.0520.0650.0830.082
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual30.57232.11420.5112.0511.81154.46629.09727.11416.12815.4
Period201720182019202020212022202320242025TTM
Sales, quarterly8.4213.8163.0713.1067.2742.6783.5684.1754.977
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual46.60946.60946.60946.60946.60946.60946.60946.60946.60946.609
Period201720182019202020212022202320242025MRQ
Shares, quarterly46.60946.60946.60946.60946.60946.60946.60946.60946.609
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue15.4016.1327.1129.1054.4711.8112.0520.5132.11
Total Expenses2.241.831.701.120.921.091.091.091.32
Operating Income13.1614.3025.4227.9853.5410.7210.9619.4230.79
Unusual Expense0.000.000.000.000.000.000.00--
Net Income Before Taxes13.1614.3025.4227.9853.5410.7210.9619.4230.79
Income Taxes0.000.000.000.000.000.000.000.000.00
Consolidated Net Income13.1614.3025.4227.9853.5410.7210.9619.4230.79
Net Income From Continuing Operations13.1614.3025.4227.9853.5410.7210.9619.4230.79
Net Income13.1614.3025.4227.9853.5410.7210.9619.4230.79
EPS (Recurring)0.280.310.550.601.150.230.240.420.66
EPS (Basic, Before Extraordinaries)0.280.310.550.601.150.230.240.420.66
EPS (Diluted)0.280.310.550.601.150.230.240.420.66
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Price To Earnings Ratio108.50108.5014.2422.4728.2843.9114.089.268.94
Price To Sales Ratio95.2949.0719.0522.3621.5639.8612.808.778.56
Operating Margin85.4588.6793.7396.1698.3190.7890.9494.6995.87
Net Margin85.4588.6793.7396.1698.3190.7890.9494.6995.87
Shares Outstanding46.6146.6146.6146.6146.6146.6146.6146.6146.61
Market Capitalization1,427.631,427.63516.43650.661,174.55470.75154.28179.91274.99

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue4.984.183.572.687.273.113.073.82
Total Expenses1.160.300.540.230.410.710.480.38
Operating Income3.823.873.032.446.862.402.603.43
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes3.823.873.032.446.862.402.603.43
Income Taxes0.000.000.000.000.000.000.000.00
Consolidated Net Income3.823.873.032.446.862.402.603.43
Net Income From Continuing Operations3.823.873.032.446.862.402.603.43
Net Income3.823.873.032.446.862.402.603.43
EPS (Recurring)0.080.080.060.050.150.050.060.07
EPS (Basic, Before Extraordinaries)0.080.080.060.050.150.050.060.07
EPS (Diluted)0.080.080.060.050.150.050.060.07
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio108.5079.2470.1451.7751.6125.7918.1714.24
Price To Sales Ratio95.2965.9660.3349.0749.2631.5419.1319.05
Gross Margin86.93-------
Operating Margin76.6692.7184.8391.3094.3477.1984.5389.97
Net Margin76.6692.7184.8391.3094.3477.1984.5389.97
Shares Outstanding46.6146.6146.6146.6146.6146.6146.6146.61
Market Capitalization1,427.631,167.081,003.02791.42850.61580.75461.89516.43

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1.722.126.052.862.251.732.863.533.42
Short Term Receivables0.000.000.000.000.000.000.000.000.00
Investment Securities0.000.000.000.000.000.000.000.000.00
Securities In Custody0.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment0.000.000.220.280.350.380.420.470.53
Other Intangible Assets0.160.160.000.000.000.000.000.000.00
Total Assets1.882.296.273.132.602.113.293.993.95
Total Debt0.000.000.000.000.000.000.000.000.00
Long Term Debt0.000.000.000.000.000.000.000.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Other Liabilities1.722.126.052.862.251.732.863.533.42
Total Liabilities1.722.126.052.862.251.732.863.533.42
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity0.160.160.220.280.350.380.420.470.53
Total Shareholders Equity0.160.160.220.280.350.380.420.470.53
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity0.160.160.220.280.350.380.420.470.53
Total Liabilities & Stockholders Equity1.882.296.273.132.602.113.293.993.95
Book Value Per Share0.000.000.000.010.010.010.010.010.01
Tangible Book Value Per Share0.000.000.000.010.010.010.010.010.01
Price to Book Ratio8,852.602,783.924,081.873,789.471,334.21403.17423.71588.24750.42
Return on Assets686.73593.83594.801,866.91455.32406.22533.45775.10702.47
Return on Equity8,747.0013,172.6511,171.1316,941.002,915.252,714.604,354.096,178.765,180.43
Return on Invested Capital8,796.5315,458.8112,632.8519,161.603,040.022,862.184,574.986,584.855,543.11
Quick Ratio2.792.081.001.001.001.001.001.001.00
Current Ratio2.792.081.001.001.001.001.001.001.00

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments2.662.251.601.726.491.70
Short Term Receivables0.000.000.000.000.000.00
Investments0.000.000.000.000.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment0.000.000.000.000.000.00
Other Intangible Assets0.160.160.160.160.160.16
Total Assets2.822.411.761.886.661.87
Total Debt0.000.000.000.000.000.00
Long Term Debt0.000.000.000.000.000.00
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities2.662.251.601.726.491.70
Total Liabilities2.662.251.601.726.491.70
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity0.160.160.160.160.160.16
Total Shareholders Equity0.160.160.160.160.160.16
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity0.160.160.160.160.160.16
Total Liabilities & Stockholders Equity2.822.411.761.886.661.87
Book Value Per Share0.000.000.000.000.000.00
Tangible Book Value Per Share0.000.000.000.000.000.00
Price to Book Ratio8,852.607,195.406,166.194,879.315,214.293,549.86
Return on Assets277.58757.26760.99686.73289.21377.39
Return on Equity8,128.649,976.559,040.078,747.008,785.319,136.56
Return on Invested Capital2,365.272,393.361,866.851,503.894,224.701,469.61
Quick Ratio2.921.963.212.791.202.82
Current Ratio2.921.963.212.791.202.82

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2

Revenue breakdown

Revenue split-

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.21%0.9M41.9M147.74K
2026-10-154.21%1.8M41.9M150.17K
2026-09-300.66%0.3M41.9M114.11K
2026-09-150.89%0.4M41.9M117.64K
2026-08-310.77%0.3M41.9M119.96K
2026-08-140.69%0.3M41.9M141.66K
2026-07-310.69%0.3M41.9M152.06K
2026-07-150.33%0.1M41.9M156.48K
2026-06-300.34%0.2M46.6M168.47K
2026-06-150.39%0.2M46.6M176.95K
2026-05-290.45%0.2M46.6M176.73K
2026-05-150.51%0.2M46.6M156.79K
2026-04-300.16%0.1M46.6M122.16K
2026-04-150.22%0.1M46.6M112.91K
2026-03-310.21%0.1M46.6M95.39K
2026-03-130.31%0.1M46.6M73.04K
2026-02-270.34%0.2M46.6M68.85K
2026-02-130.33%0.2M46.6M70.46K
2026-01-300.33%0.2M46.6M73.82K
2026-01-150.37%0.2M46.6M77.29K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call20.008.6012.700.003.6700.000.000.844-0.2560.012
call22.506.1010.200.002.9910.000.000.809-0.2390.013
call25.003.607.300.002.2620.000.000.758-0.2190.015
call30.000.003.501.781.70510.000.000.582-0.1830.019
call35.000.001.050.291.30515.001.000.294-0.1210.017
call40.000.002.150.431.9077.000.000.228-0.1550.014
call45.000.002.150.002.3860.000.000.196-0.1750.013
call50.000.002.150.002.7540.000.000.177-0.1890.012
call55.000.000.950.003.0020.000.000.154-0.1920.011
put20.000.002.150.004.9020.000.00-0.177-0.3340.012
put22.500.002.150.004.0710.000.00-0.215-0.3120.014
put25.000.002.200.052.5572.000.00-0.244-0.2120.015
put30.000.003.000.401.77624.000.00-0.412-0.1800.019
put35.002.356.500.002.0520.000.00-0.699-0.1150.017
put40.007.3011.400.002.5230.000.00-0.772-0.1510.014
put45.0012.3016.4012.003.0520.000.00-0.803-0.1730.013
put50.0017.3021.400.003.4480.000.00-0.822-0.1880.012
put55.0022.3026.400.003.8080.000.00-0.845-0.1860.011

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-23DEFN14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-11-23SEC
2026-10-238-KCurrent report2026-10-23SEC
2026-10-23DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-208-KCurrent report2026-10-20SEC
2026-09-188-KCurrent report2026-09-18SEC
2026-08-218-KCurrent report2026-08-21SEC
2026-08-1310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-30425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-07-30425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-07-29SCHEDULE 13D/ASEC
2026-07-29425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-07-29425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-07-298-KCurrent report2026-07-28SEC
2026-07-218-KCurrent report2026-07-21SEC
2026-07-1410-K/A2025-12-31SEC
2026-06-188-KCurrent report2026-06-18SEC
2026-05-198-KCurrent report2026-05-19SEC
2026-05-19425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-05-188-KCurrent report2026-05-18SEC
2026-05-18425Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions.SEC
2026-05-18SCHEDULE 13D/ASEC
2026-05-1410-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-088-KCurrent report2026-05-08SEC
2026-05-068-KCurrent report2026-05-06SEC
2026-04-29SCHEDULE 13G/ASEC
2026-04-208-KCurrent report2026-04-20SEC
2026-03-2710-KAnnual report pursuant to Section 13 or 15(d)2025-12-31SEC
2026-03-208-KCurrent report2026-03-20SEC
2026-02-178-KCurrent report2026-02-17SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
HORIZON KINETICS ASSET MANAGEMENT LLC14.44%
SoftVest Advisors, LLC13.34%
MAD RIVER INVESTORS2.27%
SCHWARTZ INVESTMENT COUNSEL INC2.00%
FOUNDATION RESOURCE MANAGEMENT INC1.28%
Moors & Cabot, Inc.1.20%
COMMONWEALTH EQUITY SERVICES, LLC1.17%
HRT FINANCIAL LP0.59%
Advisory Services Network, LLC0.54%
WELLS FARGO & COMPANY/MN0.47%

Funds

Fund% owned
Horizon Kinetics Inflation Beneficiaries ETF3.65%
AVE MARIA VALUE FUND1.78%
Kinetics Market Opportunities Portfolio0.27%
AVE MARIA VALUE FOCUSED FUND0.21%
Kinetics Small Cap Opportunities Portfolio0.21%
Kinetics Global Portfolio0.09%
1290 VT Small Cap Value Portfolio0.06%
RENN Fund, Inc.0.03%
Kinetics Internet Portfolio0.03%
Horizon Kinetics Energy and Remediation ETF0.02%

OakChart. PBT. Cached 15 minutes.

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