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Permian Basin ( (PBT) ) just unveiled an update.
On October 10, 2025, Argent Trust Company, acting as trustee for the Permian Basin Royalty Trust, received a request from SoftVest Advisors, LLC and other unit holders to call a special meeting on December 16, 2025. The meeting aims to propose a judicial reformation of the Trust’s Indenture, allowing a majority vote at a special meeting to approve amendments. The Trustee plans to call the meeting, with further details to be provided later. This move could significantly impact the governance of the Trust, potentially altering decision-making processes and influencing future amendments.
More about Permian Basin
Average Trading Volume: 141,150
Technical Sentiment Signal: Buy
Current Market Cap: $830.6M
Find detailed analytics on PBT stock on TipRanks’ Stock Analysis page.