Permian Basin Royalty Trust (PBT) Declares July Cash Distribution; Reports Excess Cost Position on Waddell Ranch Properties
An oil tanker heading out to sea, a symbol of the company's processes and operations.
On July 21, 2025, Permian Basin Royalty Trust (NYSE:PBT) declared a $0.015 per unit cash distribution, which is payable on August 14 to holders of record on July 31. This cash distribution, which is an increase compared to last month, reflects stronger natural gas volumes and elevated oil and gas prices from the Texas Royalty Properties. The distribution does not include proceeds from the Waddell Ranch properties, where production costs for the month of May exceeded revenues.
Meanwhile, Permian Basin Royalty Trust (NYSE:PBT) announced that litigation between the Trustee and Blackbeard continues. The trial concerning more than $9 million in alleged unpaid royalties and improper deductions dating back to April 2020 is set to take place on November 17, 2025. For July, the Texas Royalty Properties contributed $901,654 net profit, reflecting oil at $68.37/bbl and gas at $11.75/Mcf.
Permian Basin Royalty Trust (NYSE:PBT), based in Dallas, Texas, operates as a U.S. oil and gas royalty trust. It is included in our list of the hot stocks to buy.
While we acknowledge the potential of PBT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best AI Stocks to Buy Under $3 and Bill Ackman Stock Portfolio: Top 10 Stock Picks.
Disclosure: None.
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