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Stock impact report

Permian Basin Royalty Trust's Richly Priced Toll Road Advantage [Seeking Alpha]

Permian Basin Royalty Trust (PBT) 
US:NYSE Investor Relations: pbt-permian.com/financial_statements.php
Company Research Source: Seeking Alpha
PBT's profitability and cash distributions have grown steadily, supported by strong legal rights and minimal overhead, even amid operational disputes. Despite a high P/E multiple compared to peers, PBT is not a short target due to lack of short interest and ongoing insider buying. Given its robust business model but elevated valuation, the most appropriate rating for PBT is 'Hold.' AEyZRiO/iStock via Getty Images Permian Basin Royalty Trust ( PBT ) has delivered market-trouncing returns in the last five years, thanks to a unique business model. While it operates in the oil and gas industry, it incurs no exploration and production costs, instead deriving its income from royalty This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compe Show less Read more
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