PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES
Permian Basin Royalty Trust declared a September cash distribution of $0.019593 per unit, payable October 15, 2026, to holders of record September 30. The payout increased from the prior month, driven primarily by a decrease in Trust expenses rather than stronger asset performance. The distribution excludes Waddell Ranch proceeds because August production costs exceeded gross proceeds, extending the property's excess cost position. All excess costs plus accrued interest must be recovered by future Waddell Ranch proceeds before the Trust receives any distribution from those assets.
Key figures
- Revenue
- 1324846
- Texas net profit
- 1189481
- Allocated gas mcf
- 4868
- Allocated oil bbl
- 13460
- Dividend per unit
- 0.019593
- Units outstanding
- 46608796
- Underlying gas mcf
- 5439
- Underlying oil bbl
- 15042
- Waddell ranch status
- excess cost position - August production costs exceeded gross proceeds; no proceeds included in distribution
- Gas price usd per mcf
- 13.49
- Oil price usd per bbl
- 83.2
- Prior month gas price
- 9.55
- Prior month oil price
- 93.1
- Texas royalty revenue
- 1324846
- Texas net contribution
- 1130007
- Net profit interest pct
- 95%
- Texas taxes and expenses
- 135365
- Ga expenses net of interest
- 216779
- Unitholders requesting special meeting
- in excess of 15%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.