Permian Basin Royalty Trust declares USD 0.02 payout for Permian Basin Royalty Trust stock

Published on 10/02/2026 at 12:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October payout totals USD 913,228.22 and is payable October 15, 2026. Permian Basin Royalty Trust stock has USD 4.16 million in second-quarter revenue.

PBT, US7142361069, Illustration mit AI erstellt.

Permian Basin Royalty Trust (US7142361069) declared a USD 0.02 per-unit cash distribution on September 18, 2026, payable October 15, 2026. The payment is the latest tangible return from the trust's Texas royalty interests, while the proposed asset combination remains a separate vote-dependent issue.

October payout reaches USD 913,228.22

According to PR Newswire on September 18, 2026, the distribution totals USD 913,228.22 across 46,608,796 units. The payment is based on the Texas Royalty Properties, with the record date set for September 30, 2026.

The underlying Texas Royalty Properties produced 15,042 barrels of oil and 5,439 Mcf of gas for the distribution calculation. Revenue reached USD 1,324,846 and net profit was USD 1,189,481 for August 2026, leaving USD 1,130,007 for the trust after its 95 percent net profits interest.

Second-quarter income rises to USD 4.2 million

The trust's latest quarterly report shows royalty income of USD 4,158,812 for the second quarter of 2026, compared with USD 3,089,889 in the second quarter of 2025, according to Permian Basin Royalty Trust. The increase of USD 1,068,923 gives the payout a stronger recent revenue base, although monthly distributions remain linked to production volumes, commodity prices and expenses.

Waddell Ranch remained in an excess cost position during August 2026, so its properties did not contribute to the September distribution. Future proceeds must first recover accumulated costs and interest, which creates a counterweight to the Texas Royalty contribution.

Combination proposal remains vote dependent

The September 18, 2026 release also described SoftVest's July 28, 2026 agreement with Blackbeard Holdings to combine trust assets with additional mineral and land interests in a proposed PBT Land and Minerals, Inc. The transaction requires approval by trust unitholders, while the trustee stated that it is not a party to the agreement and is making no voting recommendation.

For market context, Permian Basin Royalty Trust had a market capitalization of USD 1.5 billion as of October 1, 2026. Its primary-market 52-week range was USD 16.25 to USD 37.00, placing the latest structured market quote within a broad valuation span for an income vehicle whose distributions can change with operating conditions.

Income remains tied to royalty flows

Permian Basin Royalty Trust is structured as an express trust rather than an operating oil producer. It holds a 75 percent net overriding royalty interest in the Waddell Ranch properties and a 95 percent interest in Texas Royalty properties, so the distribution profile depends on realized commodity prices, production and deductible costs.