NYSE · Oil & Gas Midstream · USD

Permian Basin Royalty Trust (PBT) Stock Analysis

Permian Basin Royalty Trust (PBT) is a Oil & Gas Midstream stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

PBT

$33.62

−$0.30 (−0.88%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PBT Key Statistics

As of Oct 21, 2026

Trading

Open: $34.14
Previous Close: $33.92
Day's Range: 33.30–34.29
52-Week Range: 16.25–37.00
Volume: 46.26K
Beta: 0.56

Valuation

Market Cap: $1.57B
P/E Ratio: 96.06
PEG Ratio: 1.12
P/S ratio: 88.56
EPS (ttm): 0.35

Financials (FY)

Revenue (FY): $16.13M−40.52%
Net Income (FY): $14.30M−43.73%
Profit margin: 91.58%
Shares Outstanding: 46.61M
1-Year Return: +96.40%

Dividend and dates

Dividend: $0.54+1.60%
Ex-Dividend Date: October 30, 2026
Earnings Date: November 12, 2026estimated
Avg Volume: 153.30K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PBT closed at $33.62, +96.40% over 1 year.

Permian Basin Royalty Trust (PBT) has a market capitalization of $1.57B.

In fiscal 2025, PBT reported revenue of $16.13M.

PBT Stock Return by Calendar Year

Permian Basin Royalty Trust (PBT) 10-year return: what $10,000 became

1 year: $10,000 $19,640; +96.40%
5 years: $10,000 $47,343; +373.43%
10 years: $10,000 $80,506; +705.06%

If you had invested $10,000 in Permian Basin Royalty Trust (PBT) 10 years ago, at the close on October 21, 2016, it would have been worth $80,506 at the close on October 21, 2026: +705.06% in total, +23.19% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+218.42%−42.84%+99.64%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+99.64%
2025	+56.57%
2024	−16.91%
2023	−42.84%
2022	+166.23%
2021	+218.42%
2020	−7.68%
2019	−29.14%
2018	−28.10%
2017	+23.21%
2016 (partial year)	+17.84%

As of October 21, 2026.

PBT Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$16.13M	$14.30M	88.7%
2024	$27.11M	$25.42M	93.7%
2023	$29.10M	$27.98M	96.2%
2022	$54.47M	$53.54M	98.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$16.13M	—	$14.30M	$14.30M	88.7%
2024	$27.11M	—	$25.42M	$25.42M	93.7%
2023	$29.10M	—	$27.98M	$27.98M	96.2%
2022	$54.47M	—	$53.54M	$53.54M	98.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PBT Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.31−43.9% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.21	8	—
2025	$0.31	12	−43.9%
2024	$0.55	12	−9.2%
2023	$0.60	12	−47.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.21	8	—
2025	$0.31	12	−43.9%
2024	$0.55	12	−9.2%
2023	$0.60	12	−47.8%
2022	$1.15	12	+400.0%
2021	$0.23	12	−2.1%
2020	$0.24	12	−43.8%
2019	$0.42	12	−36.8%
2018	$0.66	12	+5.1%
2017	$0.63	12	+311.1%
2016	$0.15	3	—

Most recent payment: $0.03 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PBT Valuation vs Oil & Gas Midstream Median

Median of 63 stocks

Metric	PBT	Oil & Gas Midstream median	vs median
P/E	96.06	14.11	6.8x the median
P/S ratio	88.56	2.67	33.1x the median
Profit margin	91.58%	22.05%	69.5 pts above

Medians across 63 Oil & Gas Midstream stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Permian Basin Royalty Trust (PBT) carries a market capitalisation of $1.57B. The company sits in the Energy sector, in the Oil & Gas Midstream industry.

PBT last closed at $33.62 on October 21, 2026. That is −$0.30 (−0.88%) against the previous close. The 52-week range on file runs from $16.25 to $37.00. The latest close sits 106.89% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $16.13M. Against the prior fiscal year total of $27.11M, that is a change of −40.52%. Net income for the same year was $14.30M. That is −43.73% against the prior fiscal year. The reported profit margin is 91.58%. That is 69.5 percentage points above the Oil & Gas Midstream median of 22.05%. Trailing earnings per share are 0.35.

Across the 4 fiscal years on file, revenue moves from $54.47M in 2022 to $16.13M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 96.06. That is 6.8 times the Oil & Gas Midstream median of 14.11. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.12. The price-to-sales ratio is 88.56. On price-to-sales that is 33.1 times the Oil & Gas Midstream median of 2.67. 63 Oil & Gas Midstream companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.56. Annualized volatility over the trailing 10 years is 43.08%. Over the trailing twelve months the total return is +96.40%. Across 10 years the annualized return works out at +23.19%.

Growth & Income

The trailing dividend yield is 1.6%. That is 3.8 percentage points below the Oil & Gas Midstream median yield of 5.41%. At the indicated rate that is $0.54 a share a year. The ex-dividend date on file is October 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.21 a share. The year before, 2025, totalled $0.31 a share.

Across the complete calendar years on file, 2021 returned +218.42% and 2023 returned −42.84%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the total return is +99.64%.

Peer Comparison

Permian Basin Royalty Trust (PBT) operates in the Oil & Gas Midstream industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Permian Basin Royalty Trust	PBT	$1.57B	96.1
Enbridge Inc.	ENB	$107.01B	25.7
The Williams Companies, Inc.	WMB	$89.05B	29.0
Enterprise Products Partners L.P.	EPD	$79.02B	12.7

The Oil & Gas Midstream industry average P/E ratio is 14.1x. Permian Basin Royalty Trust trades at a P/E of 96.1.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Permian Basin Royalty Trust

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties located in Crane County, Texas, as well as a 95% net overriding royalty interest in the Texas Royalty properties located in 33 counties across Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.

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