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Permian Basin Royalty Trust declares July distribution of USD 0.04 per unit
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Permian Basin Royalty Trust declares July distribution of USD 0.04 per unit
  • Permian Basin Royalty Trust declared a July cash distribution of USD 0.04 per unit, payable Aug. 14 to holders of record July 31.
  • No Waddell Ranch proceeds were included as June production costs exceeded gross proceeds, extending the property’s excess-cost position.
  • Distribution rose from the prior month, driven by a USD 1.13 million settlement payment from Blackbeard, partly offset by weaker volumes.
  • Texas Royalty Properties contributed USD 1.38 million to the payout; June net profit was USD 1.45 million on oil at USD 99.9 per barrel.
  • General and administrative costs net of interest were USD 470,271; total distribution was USD 2.03 million across 46,608,796 units.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: DA08327) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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