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…
| Price | $35.47 |
|---|---|
| Market cap | $1.65B |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Exchange | NYSE |
| 52-week range | 16.25-37 |
| Dividend (TTM) | $0.38 per share |
| Beta | 0.5 |
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