Permian Basin Royalty Trust (PBT) stock declined over -2.92%, trading at $11.63 on NYSE, down from the previous close of $11.98. The stock opened at $11.81, fluctuating between $11.56 and $12.03 in the recent session.
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.
Employees | 0 |
Beta | 0.6 |
Sales or Revenue | $29.10M |
5Y Sales Change% | -0.094% |
Fiscal Year Ends | December |
Sector | Energy |
Industry | Oil & Gas Midstream |
Permian Basin Royalty Trust (NYSE: PBT) stock price is $11.63 in the last trading session. During the trading session, PBT stock reached the peak price of $12.03 while $11.56 was the lowest point it dropped to. The percentage change in PBT stock occurred in the recent session was -2.92% while the dollar amount for the price change in PBT stock was -$0.35.
The NYSE listed PBT is part of Oil & Gas Midstream industry that operates in the broader Energy sector. Permian Basin Royalty Trust designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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PBT's closing price is 14.69% higher than its 52-week low of $10.14 where as its distance from 52-week high of $15.71 is -25.97%.
Number of PBT employees currently stands at 0.
Official Website of PBT is: https://www.pbt-permian.com
PBT could be contacted at phone 855 588 7839 and can also be accessed through its website. PBT operates from 2911 Turtle Creek Boulevard, Dallas, TX 75219, United States.
PBT stock volume for the day was 204.51K shares. The average number of PBT shares traded daily for last 3 months was 170.18K.
The market value of PBT currently stands at $542.06M with its latest stock price at $11.63 and 46.61M of its shares outstanding.
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