PERMIAN BASIN ROYALTY TRUST
A passive trust distributing income from Texas oil & gas royalty interests to its unitholders.
PBT | US
Overview
Corporate Details
- ISIN(s):
- US7142361069
- LEI:
- Country:
- United States of America
- Address:
- C/O ARGENT TRUST COMPANY, DALLAS
- Website:
- http://www.pbt-permian.com/
- Sector:
- Financial and insurance activities
- Industry:
- Activities of trusts, funds and similar financial entities
Description
Permian Basin Royalty Trust is a United States oil and natural gas royalty trust established to acquire and hold overriding royalty interests for the benefit of its unitholders. The Trust's principal assets consist of a 75% net overriding royalty interest in the Waddell Ranch properties in Crane County, Texas, and a 95% net overriding royalty interest in other major producing royalty properties in Texas. The Trust functions as a passive investment vehicle, collecting income from the production and sale of oil and natural gas on these properties and distributing the net proceeds to its unit holders. It does not engage in any operational activities related to exploration or production. Argent Trust Company serves as the trustee for the entity.
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Filings
| Date | Filing | Language | Size | Actions | |
|---|---|---|---|---|---|
| No filings match the current criteria. | |||||
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Market Data
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Financials & KPIs
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||
Peer Companies
