Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+1.23%
$34.41
100% positive prob.
5-Day Prediction
+3.74%
$35.26
100% positive prob.
20-Day Prediction
+7.98%
$36.70
95% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q3 2026 | BUY | +1.23% | +3.74% | +7.98% | 100.0% | Pending |
| Q2 2026 | BUY | +1.19% | +3.71% | +7.94% | 100.0% | Pending |
| Q2 2026 | BUY | +1.19% | +3.71% | +7.94% | 100.0% | Pending |
| Q2 2026 | BUY | +1.19% | +3.71% | +7.94% | 100.0% | Pending |
| Q1 2026 | BUY | +1.19% | +3.71% | +7.94% | 100.0% | -2.52% |
| Q4 2025 | BUY | +1.15% | +3.73% | +7.28% | 100.0% | +5.32% |
SEC 8-K filings with transcript text
Oct 20, 2026 · 100% conf.
1D
+1.23%
$34.41
Act: -0.88%
5D
+3.74%
$35.26
20D
+7.98%
$36.70
2 pbt-ex99_1.htm
Exhibit 99.1
Permian Basin Royalty Trust
PERMIAN BASIN ROYALTY TRUST ANNOUNCES OCTOBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES
DALLAS, Texas, October 20, 2026 – Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) (“Permian” or the “Trust”) today declared a cash distribution to the holders of its units of beneficial interest of $0.045191 per unit, payable on November 16, 2026, to unit holders of record on October 30, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs (“Production Costs”) exceeded gross proceeds (“Gross Proceeds”) for the month of September, resulting in a continuing excess cost position for the Waddell Ranch properties. More information regarding the Waddell Ranch properties is described below.
This month’s distribution increased compared to the previous month due primarily to the final settlement payment being received from Blackbeard Operating. Higher natural gas volumes and pricing for the Texas Royalty Properties also contributed to the increase, partially offset by lower oil pricing.
Information from Blackbeard Operating, LLC (“Blackbeard”), the operator of the Waddell Ranch properties, necessary to calculate the net profits interest (“NPI”) proceeds for a given month is received after the announcement date for the month’s distribution. As a result, in accordance with the Trust indenture, if NPI proceeds are received from the Waddell Ranch properties on or prior to the record date, they will be included in the following month’s distribution.
As noted above, no proceeds were received by the Trustee in September 2026 to be included in the October distribution. All excess costs, including any accrued interest, will need to be recovered by future proceeds from the Waddell Ranch properties before any proceeds are distributed to the Trust. Due to the fact that Blackbeard provides production, pricing and cost information quarterly instead of monthly, the Trustee will be disclosing that information in the quarterly reports on Form 10-Q and annual reports on Form 10-K for the foreseeable future (to the extent timely received from Blackbeard).
Production for the underlying Texas Royalty Properties was 15,064 barrels of oil and 6,301 Mcf of gas. The production for the Trust’s allocated portion of the Texas Royalty Properties was 13,459 barrels of oil and 5,632 Mcf of gas. The average price for oil was $79.67 per bbl and for gas was $15.15, which includes significant NGL pricing, per Mcf. This would mainly reflect production and pricing in July for oil and June for gas. These allocated volumes were impacted by the pricing of both oil and gas. This production and pricing for the underlying properties resulted in revenues for the Texas Royalty Properties of $1,295,650. Deducted from these revenues were taxes and expenses of $143,097 resulting in a Net Profit of $1,152,553 for October. With the Trust’s NPI of 95% of the underlying properties, this would result in a net contribution by the Texas Royalty Properties of $1,094,925 to this month’s distribution.
Underlying Properties
Net to Trust Sales
Volumes
Volumes
Average Price
Oil (bbls)
Gas (Mcf)
Oil (bbls)
Gas
(Mcf) (1)
Oil
(per bbl)
Gas
(per Mcf) (2)
Current Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,064
6,301
13,459
5,632
$79.67
$15.15
Prior Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,042
5,439
13,460
4,868
$83.20
$13.49
(1) These volumes are net to the Trust, after allocation of expenses to Trust’s net profit interest, including any prior period adjustments.
(2) This pricing includes sales of gas liquid products.
(3) Information is not being made available monthly but may be provided within 30 days next following the close of each calendar quarter. To the extent the Trustee receives such information timely following the quarter, information will be included in the Trust’s quarterly report on Form 10-Q for the applicable quarter (or the annual report on Form 10-K with respect to the fourth quarter).
General and Administrative Expenses deducted for the month, net of interest earned were $113,595, resulting in a distribution of $2,106,330.04 to 46,608,796 units outstanding, or $0.045191 per unit.
The worldwide market conditions continue to affect the pricing for domestic production. It is difficult to predict what effect these conditions will have on future distributions.
As previously disclosed, the Trustee was notified by SoftVest, L.P. (“SoftVest”), a Unitholder of the Trust, that on July 28, 2026, SoftVest and certain of its affiliates entered into a definitive Combination Agreement with Blackbeard Holdings, LLC and certain of its affiliates (“Blackbeard Holdings”) pursuant to which they propose to combine the assets of the Trust and c
Sep 18, 2026 · 100% conf.
1D
+1.19%
$29.09
Act: +2.43%
5D
+3.71%
$29.82
20D
+7.94%
$31.03
2 pbt-ex99_1.htm
Exhibit 99.1
Permian Basin Royalty Trust
PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES
DALLAS, Texas, September 18, 2026 – Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) (“Permian” or the “Trust”) today declared a cash distribution to the holders of its units of beneficial interest of $0.019593 per unit, payable on October 15, 2026, to unit holders of record on September 30, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs (“Production Costs”) exceeded gross proceeds (“Gross Proceeds”) for the month of August, resulting in a continuing excess cost position for the Waddell Ranch properties. More information regarding the Waddell Ranch properties is described below.
This month’s distribution increased compared to the previous month due primarily a decrease in Trust expenses, partially offset by Texas Royalty Properties having lower oil and natural gas volumes and oil pricing, with natural gas pricing increasing.
Information from Blackbeard Operating, LLC (“Blackbeard”), the operator of the Waddell Ranch properties, necessary to calculate the net profits interest (“NPI”) proceeds for a given month is received after the announcement date for the month’s distribution. As a result, in accordance with the Trust indenture, if NPI proceeds are received from the Waddell Ranch properties on or prior to the record date, they will be included in the following month’s distribution.
As noted above, no proceeds were received by the Trustee in August 2026 to be included in the September distribution. All excess costs, including any accrued interest, will need to be recovered by future proceeds from the Waddell Ranch properties before any proceeds are distributed to the Trust. Due to the fact that Blackbeard provides production, pricing and cost information quarterly instead of monthly, the Trustee will be disclosing that information in the quarterly reports on Form 10-Q and annual reports on Form 10-K for the foreseeable future (to the extent timely received from Blackbeard).
Production for the underlying Texas Royalty Properties was 15,042 barrels of oil and 5,439 Mcf of gas. The production for the Trust’s allocated portion of the Texas Royalty Properties was 13,460 barrels of oil and 4,868 Mcf of gas. The average price for oil was $83.20 per bbl and for gas was $13.49, which includes significant NGL pricing, per Mcf. This would mainly reflect production and pricing in June for oil and May for gas. These allocated volumes were impacted by the pricing of both oil and gas. This production and pricing for the underlying properties resulted in revenues for the Texas Royalty Properties of $1,324,846. Deducted from these revenues were taxes and expenses of $135,365 resulting in a Net Profit of $1,189,481 for August. With the Trust’s NPI of 95% of the underlying properties, this would result in a net contribution by the Texas Royalty Properties of $1,130,007 to this month’s distribution.
Underlying Properties
Net to Trust Sales
Volumes
Volumes
Average Price
Oil (bbls)
Gas (Mcf)
Oil (bbls)
Gas
(Mcf) (1)
Oil
(per bbl)
Gas
(per Mcf) (2)
Current Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,042
5,439
13,460
4,868
$83.20
$13.49
Prior Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,959
6,193
14,405
5,581
$93.10
$9.55
(1) These volumes are net to the Trust, after allocation of expenses to Trust’s net profit interest, including any prior period adjustments.
(2) This pricing includes sales of gas liquid products.
(3) Information is not being made available monthly but may be provided within 30 days next following the close of each calendar quarter. To the extent the Trustee receives such information timely following the quarter, information will be included in the Trust’s quarterly report on Form 10-Q for the applicable quarter (or the annual report on Form 10-K with respect to the fourth quarter).
General and Administrative Expenses deducted for the month, net of interest earned were $216,779, resulting in a distribution of $913,228.22 to 46,608,796 units outstanding, or $0.019593 per unit.
The worldwide market conditions continue to affect the pricing for domestic production. It is difficult to predict what effect these conditions will have on future distributions.
As previously disclosed, the Trustee was notified by SoftVest, L.P. (“SoftVest”), a Unitholder of the Trust, that on July 28, 2026, SoftVest and certain of its affiliates entered into a definitive Combination Agreement with Blackbeard Holdings, LLC and certain of its affiliates (“Blackbeard Holdings”) pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land
Aug 21, 2026 · 100% conf.
1D
+1.19%
$29.09
Act: +2.43%
5D
+3.71%
$29.82
20D
+7.94%
$31.03
2 pbt-ex99_1.htm
Exhibit 99.1
Permian Basin Royalty Trust
PERMIAN BASIN ROYALTY TRUST ANNOUNCES AUGUST CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES
DALLAS, Texas, August 21, 2026 – Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) (“Permian” or the “Trust”) today declared a cash distribution to the holders of its units of beneficial interest of $0.018701 per unit, payable on September 15, 2026, to unit holders of record on August 31, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs (“Production Costs”) exceeded gross proceeds (“Gross Proceeds”) for the month of July, resulting in a continuing excess cost position for the Waddell Ranch properties. More information regarding the Waddell Ranch properties is described below.
This month’s distribution decreased compared to the previous month due primarily to the fourth settlement payment in the amount of $1,125,000 being received from Blackbeard Operating LLC which was included in the July distribution, this in conjunction with Texas Royalty Properties having lower natural gas volumes and oil pricing, partially offset by higher oil volumes and natural gas pricing.
Information from Blackbeard Operating, LLC (“Blackbeard”), the operator of the Waddell Ranch properties, necessary to calculate the net profits interest (“NPI”) proceeds for a given month is received after the announcement date for the month’s distribution. As a result, in accordance with the Trust indenture, if NPI proceeds are received from the Waddell Ranch properties on or prior to the record date, they will be included in the following month’s distribution.
As noted above, no proceeds were received by the Trustee in July 2026 to be included in the August distribution. All excess costs, including any accrued interest, will need to be recovered by future proceeds from the Waddell Ranch properties before any proceeds are distributed to the Trust. Due to the fact that Blackbeard provides production, pricing and cost information quarterly instead of monthly, the Trustee will be disclosing that information in the quarterly reports on Form 10-Q and annual reports on Form 10-K for the foreseeable future (to the extent timely received from Blackbeard).
Production for the underlying Texas Royalty Properties was 15,959 barrels of oil and 6,193 Mcf of gas. The production for the Trust’s allocated portion of the Texas Royalty Properties was 14,405 barrels of oil and 5,581 Mcf of gas. The average price for oil was $93.10 per bbl and for gas was $9.55, which includes significant NGL pricing, per Mcf. This would mainly reflect production and pricing in May for oil and April for gas. These allocated volumes were impacted by the pricing of both oil and gas. This production and pricing for the underlying properties resulted in revenues for the Texas Royalty Properties of $1,544,865. Deducted from these revenues were taxes and expenses of $149,649 resulting in a Net Profit of $1,395,216 for July. With the Trust’s NPI of 95% of the underlying properties, this would result in a net contribution by the Texas Royalty Properties of $1,325,455 to this month’s distribution.
Underlying Properties
Net to Trust Sales
Volumes
Volumes
Average Price
Oil (bbls)
Gas (Mcf)
Oil (bbls)
Gas
(Mcf) (1)
Oil
(per bbl)
Gas
(per Mcf) (2)
Current Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,959
6,193
14,405
5,581
$93.10
$9.55
Prior Month
Waddell Ranch
(3)
(3)
(3)
(3)
(3)
(3)
Texas Royalties
15,307
6,545
13,842
5,923
$99.90
$8.61
(1) These volumes are net to the Trust, after allocation of expenses to Trust’s net profit interest, including any prior period adjustments.
(2) This pricing includes sales of gas liquid products.
(3) Information is not being made available monthly but may be provided within 30 days next following the close of each calendar quarter. To the extent the Trustee receives such information timely following the quarter, information will be included in the Trust’s quarterly report on Form 10-Q for the applicable quarter (or the annual report on Form 10-K with respect to the fourth quarter).
General and Administrative Expenses deducted for the month, net of interest earned were $453,792, of which $250,000 was an increase to the expense reserve for liabilities, resulting in a distribution of $871,663.17 to 46,608,796 units outstanding, or $0.018701 per unit.
The worldwide market conditions continue to affect the pricing for domestic production. It is difficult to predict what effect these conditions will have on future distributions.
As previously disclosed, the Trustee was notified by SoftVest, L.P. (“SoftVest”), a Unitholder of the Trust, that on July 28, 2026, SoftVest and certain of its affiliates entered into a definitive Combination Agreement with
This page provides Permian Basin Royalty Trust (PBT) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on PBT's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.