Permian Basin Royalty Trust (PBT)
PBT moved a median of +0.27% 30 minutes after news, and -0.13% by the close. How PBT actually reacts to news — the realized, point-in-time move the market made, measured across 136 labeled events over the last three years with zero look-ahead.
PBT’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | +0.11% | 60% | 118 |
| 30-min | +0.27% | 60% | 136 |
| 60-min | +0.31% | 59% | 136 |
| to close | -0.13% | 46% | 133 |
| Middle 50% of PBT reactions | -0.27% to +1.00% |
|---|---|
| Median reaction (30-min) | +0.27% |
| Measured reactions | 136 |
Half of all Permian Basin Royalty Trust news events land between -0.27% and +1.00% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
Email me when PBT moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to PBT's baseline. Nothing else.
Recent PBT events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| PBT Land and Minerals Announces Record Date and Subscription Price for Rights Offering | Press release | Business Wire | +1.25% | +3.46% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Sep 18 | SEC filing · Form 8-K | SEC EDGAR | — | +0.67% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES | Press release | PR Newswire | +0.49% | +1.55% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Aug 21 | SEC filing · Form 8-K | SEC EDGAR | — | -1.00% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES AUGUST CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES | Press release | PR Newswire | +0.75% | +0.56% | |
| Form 10-Q PERMIAN BASIN ROYALTY For: Jun 30 | SEC filing · Form 10-Q | SEC EDGAR | +0.60% | +1.51% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Jul 28 | SEC filing · Form 8-K | SEC EDGAR | +0.02% | -0.20% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES NOTICE OF COMBINATION AGREEMENT BETWEEN SOFTVEST AND BLACKBEARD WITH RESPECT TO THE TRUST | Press release | PR Newswire | +0.02% | -0.51% | |
| SoftVest and Blackbeard Sign Definitive Agreement for $2.2 Billion Combination of Permian Basin Royalty Trust and US Land Guild | Press release | Business Wire | +0.02% | -0.51% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Jul 21 | SEC filing · Form 8-K | SEC EDGAR | — | -1.41% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES JULY CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES | Press release | PR Newswire | +1.43% | +0.17% | |
| Form 10-K/A PERMIAN BASIN ROYALTY For: Dec 31 | SEC filing · Form 10-K | SEC EDGAR | -1.23% | -2.04% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Jun 18 | SEC filing · Form 8-K | SEC EDGAR | +0.49% | +0.73% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES JUNE CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES, AND SOFTVEST PROPOSAL | Press release | PR Newswire | +0.12% | -0.95% | |
| Form 8-K PERMIAN BASIN ROYALTY For: May 19 | SEC filing · Form 8-K | SEC EDGAR | -1.68% | -2.31% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES RECEIPT OF SOFTVEST SCHEDULE 13D WITH RESPECT TO PROPOSED BUSINESS COMBINATION | Press release | PR Newswire | +0.53% | +2.67% | |
| Form 8-K PERMIAN BASIN ROYALTY For: May 18 | SEC filing · Form 8-K | SEC EDGAR | — | +6.42% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES MAY CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES, AND RESULTS OF HEARING | Press release | PR Newswire | -3.60% | +1.33% | |
| SoftVest and Blackbeard Holdings Announce Proposed Business Combination with Permian Basin Royalty Trust | Press release | GlobeNewswire | +0.53% | +2.67% | |
| Form 10-Q PERMIAN BASIN ROYALTY For: Mar 31 | SEC filing · Form 10-Q | SEC EDGAR | -0.43% | -2.95% | |
| Form 8-K PERMIAN BASIN ROYALTY For: May 08 | SEC filing · Form 8-K | SEC EDGAR | +1.08% | +9.26% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES RESULTS OF SOFTVEST HEARING REQUESTING MODIFICATION OF TRUST INDENTURE | Press release | PR Newswire | +1.08% | +9.26% | |
| Form 8-K PERMIAN BASIN ROYALTY For: May 06 | SEC filing · Form 8-K | SEC EDGAR | — | +0.00% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES CHANGE IN TIME OF HEARING ON MAY 8, 2026 | Press release | PR Newswire | — | +0.00% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Apr 20 | SEC filing · Form 8-K | SEC EDGAR | +0.09% | -0.32% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES APRIL CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND UNITHOLDER MAILING BY SOFTVEST | Press release | PR Newswire | +0.48% | +1.52% | |
| Form 10-K PERMIAN BASIN ROYALTY For: Dec 31 | SEC filing · Form 10-K | SEC EDGAR | — | -1.35% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Mar 20 | SEC filing · Form 8-K | SEC EDGAR | — | -0.86% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES MARCH CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND UNITHOLDER MAILING BY SOFTVEST | Press release | PR Newswire | +0.33% | -1.76% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Feb 17 | SEC filing · Form 8-K | SEC EDGAR | +1.01% | +1.39% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES FEBRUARY CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND UNITHOLDER MAILING BY SOFTVEST | Press release | PR Newswire | -0.45% | -1.22% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Feb 10 | SEC filing · Form 8-K | SEC EDGAR | +3.62% | +3.51% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Jan 20 | SEC filing · Form 8-K | SEC EDGAR | +0.00% | -1.68% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES JANUARY CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND PETITION FILED BY SOFTVEST | Press release | PR Newswire | +0.06% | +0.59% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Dec 26 | SEC filing · Form 8-K | SEC EDGAR | +1.47% | +0.18% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Dec 19 | SEC filing · Form 8-K | SEC EDGAR | — | -1.99% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES DECEMBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND RESULTS OF SPECIAL MEETING CALLED BY SOFTVEST | Press release | PR Newswire | +0.00% | -1.88% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Dec 16 | SEC filing · Form 8-K | SEC EDGAR | +0.00% | -1.88% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Nov 17 | SEC filing · Form 8-K | SEC EDGAR | +0.51% | -2.96% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES NOVEMBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND NOTICE OF SPECIAL MEETING CALLED BY SOFTVEST | Press release | PR Newswire | -0.60% | -5.05% | |
| Form 10-Q PERMIAN BASIN ROYALTY For: Sep 30 | SEC filing · Form 10-Q | SEC EDGAR | +1.04% | — | |
| Form DEFA14A PERMIAN BASIN ROYALTY | SEC filing · Form DEFA14A | SEC EDGAR | -0.29% | +0.00% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Oct 21 | SEC filing · Form 8-K | SEC EDGAR | +0.88% | -1.84% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES OCTOBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND NOTICE OF SPECIAL MEETING CALLED BY SOFTVEST | Press release | PR Newswire | -0.22% | -3.51% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Oct 10 | SEC filing · Form 8-K | SEC EDGAR | +0.00% | -1.09% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Sep 19 | SEC filing · Form 8-K | SEC EDGAR | — | -0.48% | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND SETTLEMENT OF LAWSUIT | Press release | PR Newswire | -0.66% | -1.93% | |
| Form 8-K PERMIAN BASIN ROYALTY For: Aug 19 | SEC filing · Form 8-K | SEC EDGAR | -0.42% | — | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES AUGUST CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES | Press release | PR Newswire | +1.33% | — | |
| PERMIAN BASIN ROYALTY TRUST ANNOUNCES SETTLEMENT OF BLACKBEARD LITIGATION | Press release | PR Newswire | +0.57% | +2.02% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the PBT section they belong to.
Where else PBT is measured.
PBT earnings → · Analyst actions → · SEC filings →
Other Energy names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| ATHABASCA OIL CORP (ATHOF) | 137 | 0.00% | 36% |
| Precision Drilling Corporation (PDS) | 137 | -0.01% | 49% |
| SANDRIDGE MISSISSIPPIAN (SDR) | 136 | -0.49% | 30% |
| ORRON ENERGY AB (LNDNF) | 135 | 0.00% | 12% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
All Energy names, measured the same way →
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Every name we’ve measured, in one place.
How the numbers are made.
How is Permian Basin Royalty Trust's median reaction calculated?
Every labeled PBT news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 136 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 60% of PBT's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does PBT's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.