Permian Basin Royalty Trust Announces January Cash Distribution
Permian Basin Royalty Trust (PBT)
US:NYSE Investor Relations:
pbt-permian.com/financial_statements.php
Company Research
Source: PR Newswire
DALLAS, Jan. 21, 2020 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.043114 per unit, payable on February 14, 2020, to unit holders of record on January 31, 2020.This month's distribution increased from the previous month due primarily to an increase in the pricing for oil production offset by a decrease in production for both oil and gas and a decrease in the pricing of gas on the Waddell Ranch. This reflects the production month of November. Capital Expenditures increased to reflect end of year facility work. Lease Operating Expenses (LOE) for the Waddell Ranch properties increased this month to reflect increased electricity rates and year end facilities work on the Waddell Ranch for the year. The Texas Royalty Properties saw an increase in the posting of production of oil and gas, primarily due to the timing of receipts in the month of N
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PBT
Sec Filings
- 11/12/24 - Form 10-Q
- 10/21/24 - Form 8-K
- 9/20/24 - Form 8-K
- PBT's page on the SEC website