Permian Basin Royalty Trust declares July cash distribution of $0.04 per unit

Reuters2026/07/21 14:17

By:Reuters

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Permian Basin Royalty Trust declared a cash distribution of USD 0.04 per unit, payable Aug. 14 to holders of record July 31.
July payout excludes Waddell Ranch proceeds as June production costs exceeded gross proceeds, extending the property’s excess-cost position.
Distribution rose from the prior month, driven mainly by a USD 1.13 million settlement payment from Blackbeard.
Texas Royalty Properties contributed USD 1.38 million to the distribution on June net profit of USD 1.45 million.
Total distribution was USD 2.03 million across 46,608,796 units, reflecting USD 470,271 in net general and administrative expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief on July 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Permian Basin Royalty Trust declares July cash distribution of $0.04 per unit

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