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The latest update is out from Permian Basin ( (PBT) ).
On August 19, 2025, Permian Basin Royalty Trust announced a settlement agreement with Blackbeard Operating, LLC, resolving a lawsuit over unpaid royalties. Blackbeard agreed to pay $9 million to the Trust, with $4.5 million payable within 30 days and the remainder in installments throughout 2026. The agreement also sets terms for overhead charges and reporting, providing predictability for future royalty calculations.
More about Permian Basin
Permian Basin Royalty Trust is involved in the oil and gas industry, primarily focusing on managing royalties from its interests in properties such as the Waddell Ranch in Crane County, Texas.
Average Trading Volume: 198,708
Technical Sentiment Signal: Buy
Current Market Cap: $740.1M
For an in-depth examination of PBT stock, go to TipRanks’ Overview page.