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Permian Basin Royalty Trust logo

Permian Basin Royalty Trust

PBT

NYSEEnergyOil & Gas Midstream

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Previous close

$34.27

+$0.20 · +0.59%

Aug 21, 4:00 PM ET

PBT company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

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.

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US
CEO
Ron E. Hooper
Listed since
Oct 24, 1980
Employees
0

Market position

Day range

Current $34.27

52-week range

Current $34.27

Open
$34.41
Previous close
$34.07
Volume
65.94K
0.44× average
Average volume
150.89K
Average daily volume
Market cap
1.6B USD
Beta
0.49
Market reference 1
50-day average
$28.7922
+19.03% above average
200-day average
$22.9053
+49.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-923.75M USD
P/E (TTM)
97.83×
P/B (TTM)
9,876.78×
P/S (TTM)
90.27×
EV / EBITDA
-64.59×
Earnings yield
1.81%
Free cash flow yield
0.00%
Dividend yield
1.10%

Profitability & efficiency

Gross margin
100.00%
Operating margin
91.58%
Net margin
91.58%
Return on equity
8796.53%
Return on assets
761.57%
Return on invested capital
1132.63%

Financial health

Debt / equity
0×
Current ratio
2.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends102%97%92%87%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 99.99%Operating margin, FY2021: 90.78%Operating margin, FY2022: 98.31%Operating margin, FY2023: 96.15%Operating margin, FY2024: 93.73%Operating margin, FY2025: 88.67%Net margin, FY2021: 90.78%Net margin, FY2022: 98.31%Net margin, FY2023: 96.15%Net margin, FY2024: 93.73%Net margin, FY2025: 88.67%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 99.99%. Operating margin FY2021 90.78%. Operating margin FY2022 98.31%. Operating margin FY2023 96.15%. Operating margin FY2024 93.73%. Operating margin FY2025 88.67%. Net margin FY2021 90.78%. Net margin FY2022 98.31%. Net margin FY2023 96.15%. Net margin FY2024 93.73%. Net margin FY2025 88.67%.

Income trends

Revenue

16.13M USD-40.52%

Operating income

14.3M USD-43.73%

Net income

14.3M USD-43.73%
Income trends across reported periods58.84M USD41.34M USD23.85M USD6.35M USDRevenue, FY2021: 11.81M USDRevenue, FY2022: 54.47M USDRevenue, FY2023: 29.1M USDRevenue, FY2024: 27.11M USDRevenue, FY2025: 16.13M USDOperating income, FY2021: 10.72M USDOperating income, FY2022: 53.54M USDOperating income, FY2023: 27.98M USDOperating income, FY2024: 25.42M USDOperating income, FY2025: 14.3M USDNet income, FY2021: 10.72M USDNet income, FY2022: 53.54M USDNet income, FY2023: 27.98M USDNet income, FY2024: 25.42M USDNet income, FY2025: 14.3M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 11.81M USD. Revenue FY2022 54.47M USD. Revenue FY2023 29.1M USD. Revenue FY2024 27.11M USD. Revenue FY2025 16.13M USD. Operating income FY2021 10.72M USD. Operating income FY2022 53.54M USD. Operating income FY2023 27.98M USD. Operating income FY2024 25.42M USD. Operating income FY2025 14.3M USD. Net income FY2021 10.72M USD. Net income FY2022 53.54M USD. Net income FY2023 27.98M USD. Net income FY2024 25.42M USD. Net income FY2025 14.3M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue16.13M USD27.11M USD29.1M USD54.47M USD11.81M USD
Cost of goods sold1.84K USD————
Gross profit16.13M USD27.11M USD29.1M USD54.47M USD11.81M USD
Selling, general, and administrative1.83B USD1.7M USD1.12M USD922.4K USD1.09M USD
Operating expenses1.83M USD1.7M USD1.12M USD922.4K USD1.09M USD
Interest income72.76K USD150.78M USD85.88K USD——
Depreciation and amortization1.84K USD57.07K USD—922.4K USD1.09M USD
Operating income14.3M USD25.42M USD27.98M USD53.54M USD10.72M USD
Net income14.3M USD25.42M USD27.98M USD53.54M USD10.72M USD

Company facts updated Aug 24, 2026.

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ETFs holding PBT

Funds reporting this stock among their holdings, ordered by reported position size.

Horizon Kinetics Inflation Beneficiaries ETF logoHorizon Kinetics Inflation Beneficiaries ETFINFL
Market value
58.3M
Weight
3.53%
AUM
1.48B USD
Expense ratio
0.85%
Price / 1D
$55.64+1.53%
Even Herd Long Short ETF logoEven Herd Long Short ETFEHLS
Market value
464.14K
Weight
0.80%
AUM
59.5M USD
Expense ratio
2.62%
Price / 1D
$25.525+0.10%
Listed Funds Trust - Horizon Kinetics Texas ETF logoListed Funds Trust - Horizon Kinetics Texas ETFTEXX
Market value
274.16K
Weight
8.92%
AUM
2.93M USD
Expense ratio
0.85%
Price / 1D
$30.7639-0.18%
Horizon Kinetics Energy Remediation ETF logoHorizon Kinetics Energy Remediation ETFNVIR
Market value
265.94K
Weight
5.23%
AUM
5.78M USD
Expense ratio
0.85%
Price / 1D
$40.538-0.08%
Prospera Income ETF logoProspera Income ETFTHRV
Market value
17.14K
Weight
0.18%
AUM
2.2M USD
Expense ratio
1.80%
Price / 1D
$23.95+0.02%

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