Permian Basin Royalty Trust (NYSE:PBT) Sets New 1-Year High – Still a Buy?

Posted by Brian Himes on May 18th, 2026

Shares of Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $29.49 and last traded at $27.8270, with a volume of 46783 shares trading hands. The stock had previously closed at $29.01.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Permian Basin Royalty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

View Our Latest Research Report on Permian Basin Royalty Trust

Permian Basin Royalty Trust Price Performance

The stock’s 50-day moving average is $22.24 and its 200 day moving average is $19.73. The company has a market cap of $1.31 billion, a PE ratio of 87.45 and a beta of 0.42.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter. Permian Basin Royalty Trust had a net margin of 88.99% and a return on equity of 9,061.81%. The business had revenue of $3.57 million for the quarter.

Permian Basin Royalty Trust Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, April 30th were paid a $0.038 dividend. This is a positive change from Permian Basin Royalty Trust’s previous monthly dividend of $0.01. The ex-dividend date was Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 1.6%. Permian Basin Royalty Trust’s dividend payout ratio (DPR) is 143.75%.

Institutional Trading of Permian Basin Royalty Trust

Several large investors have recently added to or reduced their stakes in the company. SoftVest Advisors LLC grew its stake in Permian Basin Royalty Trust by 40.1% during the 2nd quarter. SoftVest Advisors LLC now owns 6,206,624 shares of the oil and gas producer’s stock valued at $77,335,000 after purchasing an additional 1,776,929 shares during the last quarter. Horizon Kinetics Asset Management LLC grew its stake in Permian Basin Royalty Trust by 1.5% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 6,187,800 shares of the oil and gas producer’s stock valued at $105,069,000 after purchasing an additional 88,751 shares during the last quarter. Mad River Investors grew its stake in Permian Basin Royalty Trust by 1.7% during the 1st quarter. Mad River Investors now owns 1,003,140 shares of the oil and gas producer’s stock valued at $21,588,000 after purchasing an additional 16,321 shares during the last quarter. Moors & Cabot Inc. grew its stake in Permian Basin Royalty Trust by 10.5% during the 4th quarter. Moors & Cabot Inc. now owns 585,746 shares of the oil and gas producer’s stock valued at $9,946,000 after purchasing an additional 55,456 shares during the last quarter. Finally, Sei Investments Co. grew its stake in Permian Basin Royalty Trust by 116.0% during the 1st quarter. Sei Investments Co. now owns 422,000 shares of the oil and gas producer’s stock valued at $9,081,000 after purchasing an additional 226,600 shares during the last quarter. Hedge funds and other institutional investors own 28.86% of the company’s stock.

About Permian Basin Royalty Trust

(Get Free Report)

Permian Basin Royalty Trust (NYSE: PBT) is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located in the Permian Basin region of West Texas. Established in 1980 by Apache Oil Company, the Trust does not engage in exploration or production activities. Instead, it owns net profit interests on specified acreage, allowing unitholders to participate directly in the cash flows generated by hydrocarbon extraction without bearing the costs or risks associated with day-to-day field operations.

The Trust’s interests cover acreage predominantly in Reeves and Loving Counties, where mature wells have been developed over several decades.