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Stock impact report

PERMIAN BASIN ROYALTY TRUST ANNOUNCES OCTOBER CASH DISTRIBUTION

Permian Basin Royalty Trust (PBT) 
US:NYSE Investor Relations: pbt-permian.com/financial_statements.php
Company Research Source: PR Newswire
DALLAS, Oct. 21, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.029986 per unit, payable on November 15, 2024, to unit holders of record on October 31, 2024. The distribution does not include proceeds from the Waddell Ranch properties for the current month but does include the proceeds from September in the amount of $267,781. More information regarding the Waddell Ranch properties is described below.This month's distribution decreased from the previous month due primarily to the September proceeds being less than the August proceeds from Waddell Ranch properties and, for the Texas Royalty Properties, lower oil volumes and prices, slightly offset by higher gas volumes and gas prices for the month reported.  WADDELL RANCHNotwithstanding requests from the Trustee to Blackbeard Operating, LLC ("Blackbeard"), the opera Show less Read more
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