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0.00186915887850463 -0.00312149532710283 -0.0093457943925235 -0.0074766355140187 -0.0149532710280374 0 -0.00560747663551406 -0.00467289719626175
Stock impact report

Permian Basin Royalty Trust Announces July Cash Distribution

Permian Basin Royalty Trust (PBT) 
US:NYSE Investor Relations: pbt-permian.com/financial_statements.php
Company Research Source: PR Newswire
DALLAS, July 19, 2019 /PRNewswire/ -- Simmons Bank, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.044227 per unit, payable on August 14, 2019, to unit holders of record on July 31, 2019.This month's distribution increased from the previous month due primarily to an increase of both oil and gas production.  This reflects the production month of May. Pricing for both oil and gas declined on the Waddell Ranch. Capital Expenditures declined to reflect less activity due to the completion of drilling of the additional wells on the Waddell Ranch Properties for the previous month's accounting. Lease Operating Expenses (LOE) for the Waddell Ranch properties decreased this month to reflect the resulting additional work being performed last month.  The Texas Royalty Properties saw a decline in the production of oil and gas, primarily due to the timing of receipt of payment of certa Show less Read more
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