Permian Basin Royalty Trust declares $0.0196 distribution

• Permian Basin Royalty Trust (NYSE:PBT) declared a September 2026 cash distribution of $0.019593 per unit.
• The total distribution equals $913,228.22 and will be paid on October 15, 2026.
• The payment was supported by Texas Royalty Properties after Waddell Ranch properties remained in an excess cost position.

Permian Basin Royalty Trust (NYSE:PBT) declared a September 2026 cash distribution of $0.019593 per unit, totaling $913,228.22, payable on October 15, 2026, to unitholders of record as of September 30, 2026.

The distribution excludes proceeds from Waddell Ranch properties because August production costs exceeded gross proceeds, leaving those properties in an excess cost position with no net profit interest proceeds available.

The distribution was funded by Texas Royalty Properties, where allocated production included 13,460 barrels of oil and 4,868 Mcf of gas sold at average prices of $83.20 per barrel and $13.49 per Mcf, generating $1.32 million in revenue and $1.19 million in net profit.

Permian Basin Royalty Trust receives royalty income from oil and gas properties, including interests in Texas Royalty Properties and Waddell Ranch assets.

The company also highlighted a previously disclosed proposal from SoftVest and Blackbeard to combine their businesses and create New PBT, which will be subject to a unitholder vote and related SEC filings.