PERMIAN BASIN ROYALTY TRUST (PBT) Form 8-K — Oct 20, 2026
Permian Basin Royalty Trust declared its October cash distribution of $0.045191 per unit, totaling about $2.1 million, payable November 16, 2026 to holders of record October 30, 2026. The distribution excludes any proceeds from the Waddell Ranch properties, where production costs again exceeded gross proceeds in September, extending an excess cost position that must be recovered by future proceeds before unitholders receive anything from those assets. The month-over-month increase was driven mainly by a final settlement payment from operator Blackbeard Operating plus higher natural gas volumes and pricing on the Texas Royalty Properties.
Key figures
- Record Date
- October 30, 2026
- Payment Date
- November 16, 2026
- Dividend Per Unit
- $0.045191
- Units Outstanding
- 46608796
- Gas Price Per Mcf
- 15.15
- Oil Price Per Bbl
- 79.67
- Trust Gas Volumes Mcf
- 5632
- Waddell Ranch Status
- excess cost position — production costs exceeded gross proceeds
- Texas Royalty Revenue
- 1295650
- Trust Oil Volumes Bbls
- 13459
- Texas Royalty Net Profit
- 1152553
- Texas Royalty Net Contribution
- 1094925
AI analysis
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