Permian Basin Royalty Trust: Strongly Affected By The Decline In Oil Prices
Source: SeekingAlpha
2025-03-07 09:52:07 ET
Summary
- The decline in energy prices since Q4 2024 is already affecting Permian Basin Royalty Trust's net income, and distributions to unit holders have been reduced.
- Unlike Texas Pacific Land and LandBridge Corporation, Permian Basin Royalty Trust is highly reliant on oil and gas prices.
- The company started a lawsuit against its main operator seeking to recover $15M, but the litigation process could take years.
- If oil prices remain at current levels, I expect a 2.3% distribution yield in 2025, making it a poor investment at these prices.
Introduction
Following my recent articles on Texas Pacific Land ( TPL ) and LandBridge Corporation LLC ( LB ), I am starting to cover Permian Basin Royalty Trust ( PBT ).
Unlike Texas Pacific Land and LandBridge, which have relatively diversified revenue sources, PBT completely relies on oil and gas....
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Permian Basin Royalty Trust: Strongly Affected By The Decline In Oil Prices
Permian Basin Royalty Trust
NASDAQ: PBT
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PBT Latest News
May 19, 2026 09:15:00 am
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SoftVest and Blackbeard Holdings Announce Proposed Business Combination with Permian Basin Royalty Trust
