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0 -0.0206766917293234 -0.0338345864661654 -0.0338345864661654 0.00157894736842105 0.0225563909774436 0.0187969924812029 -0.00751879699248121
Stock impact report

Permian Basin Royalty Trust Announces March Cash Distribution

Permian Basin Royalty Trust (PBT) 
US:NYSE Investor Relations: pbt-permian.com/financial_statements.php
Company Research Source: PR Newswire
DALLAS, March 20, 2020 /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 $0.033837 per unit, payable on April 14, 2020, to unit holders of record on March 31, 2020.This month's distribution decreased from the previous month due primarily to a decrease in production in both oil and gas for both Waddell Ranch and the Texas Royalty Properties.  Pricing for oil and gas production declined for the month on the Waddell Ranch, offset by a slight increase in pricing for both oil and gas production for the Texas Royalty Properties. This reflects the production month of December. WADDELL RANCHProduction for the underlying properties at the Waddell Ranch was 49,607 barrels of oil and 282,940 Mcf of gas.   production for the Trust's allocated portion of the Waddell Ranch was 11,878 barrels of oil and 55,661 Mcf of gas.  The average price for oil was $55.63 per Show less Read more
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