
Permian Basin Royalty Trust (PBT) Stock Ticker
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About Permian Basin Royalty Trust
Permian Basin Royalty Trust, structured as an express trust, primarily holds overriding royalty interests in various oil and gas properties across the United States. Its assets notably include a 75% net overriding royalty stake in the Waddell Ranch properties, situated in Crane County, Texas. These holdings encompass fields such as Dune, Sand Hills (Judkins, McKnight, and Tubb), University-Waddell (Devonian), and Waddell. The trust further possesses a 95% net overriding royalty share in the Texas Royalty properties. This extensive collection, spread across 33 Texan counties, comprises roughly 125 distinct royalty interests and covers approximately 51,000 net producing acres. Prominent oil fields within this portfolio include Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, among others. Formed in 1980, the trust conducts its operations from Dallas, Texas.
PBT stock facts
| Ticker symbol | PBT |
| Exchange | New York Stock Exchange |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Market cap | $1.6B |
| CEO | Ron E. Hooper |
| Headquarters | Dallas, TX, US |
| IPO date | 1980-10-24 |
| Website | www.pbt-permian.com |
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What is the ticker symbol for Permian Basin Royalty Trust?
The ticker symbol for Permian Basin Royalty Trust is PBT, listed on the New York Stock Exchange.
What is PBT?
Permian Basin Royalty Trust, structured as an express trust, primarily holds overriding royalty interests in various oil and gas properties across the United States. Its assets notably include a 75% net overriding royalty stake in the Waddell Ranch properties, situated in Crane County, Texas. These holdings encompass fields such as Dune, Sand Hills (Judkins, McKnight, and Tubb),…