PBT Stock Analysis: Permian Basin Royalty Trust | NYSE

Oil & Gas Midstream | NYSE, USA | Market Cap: 1.467m USD | 12M Return: 102.7% | US7142361069 | Charts, Fundamentals & Technical Analysis

Oil, Natural Gas, Royalty Interests, Texas Properties
Total Rating 53
Safety 48
Buy Signal 0.79
Oil & Gas Midstream
Industry Rotation: +2.8
Market Cap: 1.47B
Avg Turnover: 3.38M
Risk 3d forecast
Volatility43.5%
VaR 5th Pctl7.44%
VaR vs Median3.84%
Reward TTM
Sharpe Ratio1.71
Rel. Str. IBD94
Rel. Str. Peer Group97.6
Character TTM
Beta0.793
Beta Downside0.716
Hurst Exponent0.516
Drawdowns 3y
Max DD60.06%
CAGR/Max DD0.25
CAGR/Mean DD0.47
EPS (Earnings per Share) EPS (Earnings per Share) of PBT over the last years for every Quarter: "2021-06": 0.06, "2021-09": 0.06, "2021-12": 0.07, "2022-03": 0.08, "2022-06": 0.16, "2022-09": 0.58, "2022-12": 0.3272, "2023-03": 0.1, "2023-06": 0.1236, "2023-09": 0.0687, "2023-12": 0.3063, "2024-03": 0.1178, "2024-06": 0.181, "2024-09": 0.1728, "2024-12": 0.0737, "2025-03": 0.0557, "2025-06": 0.05, "2025-09": 0.1472, "2025-12": 0.0525, "2026-03": 0.0649,
EPS CAGR: -33.18%
EPS Trend: -89.3%
Qual. Beats: 0
Revenue Revenue of PBT over the last years for every Quarter: 2021-06: 2.942, 2021-09: 3.345, 2021-12: 3.397, 2022-03: 4.08, 2022-06: 7.632, 2022-09: 27.335, 2022-12: 15.419, 2023-03: 5.221, 2023-06: 6.097, 2023-09: 3.342, 2023-12: 14.437, 2024-03: 6.045, 2024-06: 8.832, 2024-09: 8.421, 2024-12: 3.816, 2025-03: 3.071, 2025-06: 3.10564, 2025-09: 7.273513, 2025-12: 2.677688, 2026-03: 3.567958,
Rev. CAGR: -30.39%
Rev. Trend: -88.4%
Qual. Beats: 0

Warnings

P/E Ratio 112.4

Tailwinds

Rs Leader
Idiosyncratic Leader
Tailwind
Pullback 52w

Seasonality 10.5 years of data

Jan +3.9% 68
Feb +0.5% 13
Mar -4.5% 64
Apr -1.1% 14
May +12.4% 49
Jun -4.5% 15
Jul +1.1% 0
Aug -5.1% 28
Sep +3.7% 27
Oct -3.6% 32
Nov -1.1% 25
Dec -5.1% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PBT Permian Basin Royalty Trust

Permian Basin Royalty Trust (PBT) is a Dallas-based trust that holds royalty interests in U.S. oil and gas properties, generating passive income from energy production without directly operating wells. The trust derives its income from a 75% net overriding royalty interest in the Waddell Ranch properties in Crane County, Texas, and a 95% net overriding royalty interest in the Texas Royalty properties spread across 33 Texas counties, comprising roughly 125 separate royalty interests on about 51,000 net producing acres. Founded in 1980 and listed on the NYSE since 1987, PBT operates as a pass-through entity that distributes the majority of its net income to unitholders, with no employees or field operations of its own. As a royalty trust in the Energy sector, its revenue is directly tied to commodity prices and production volumes from the underlying properties, making its distributions highly sensitive to oil and gas market conditions.

Headlines to Watch Out For
  • WTI oil price swings directly drive quarterly royalty distributions
  • Waddell Ranch production declines weigh on net distributable income
  • Permian Basin operator activity slowdown limits future output growth
Piotroski VR-10 (Strict) 2.0
Net Income: 14.7m TTM > 0 and > 6% of Revenue
FCF/TA: 8.37 > 0.02 and ΔFCF/TA -228.6 > 1.0
NWC/Revenue: 6.62% < 20% (prev 4.56%; Δ 2.06% < -1%)
CFO/TA 8.13 > 3% & CFO 14.3m > Net Income 14.7m
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: 3.21 > 1.5 & < 3
Outstanding Shares: last quarter (46.6m) vs 12m ago -0.00% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 858.8% > 50% (prev 1.14k%; Δ -283.9% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
What is the price of PBT shares?

As of August 11, 2026, the stock is trading at USD 32.55 with a total of 118,985 shares traded. Over the past week, the price has changed by +7.32%, over one month by +24.42%, over three months by +29.37% and over the past year by +102.66%.

Current recommended Stop Loss: 27.70 (which is 14.9% or 2.6 ATR below the current price).

Is PBT a buy, sell or hold?

Permian Basin Royalty Trust has no consensus analysts rating.

What are the forecasts/targets for the PBT price?
Analysts Target Price 13 -60.1%
Permian Basin Royalty Trust (PBT) - Fundamental Data Overview as of 08 August 2026
Market Cap USD = 1.47b (1.47b USD * 1.0 USD.USD)
P/E Trailing = 112.3929
P/E Forward = 10.7411
P/S = 88.2284
P/B = 8512.0114
P/EG = 1.1208
Revenue TTM = 16.6m USD
EBIT TTM = 14.7m USD
EBITDA TTM = 14.7m USD
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = unknown
 Enterprise Value = 1.47b USD (1.47b + (null Debt) - CCE 430k)
 Interest Coverage Ratio = unknown (Ebit TTM 14.7m / Interest Expense TTM 0.0)
 EV/FCF = 99.54x (Enterprise Value 1.47b / FCF TTM 14.7m)
FCF Yield = 1.00% (FCF TTM 14.7m / Enterprise Value 1.47b)
FCF Margin = 88.61% (FCF TTM 14.7m / Revenue TTM 16.6m)
Net Margin = 88.61% (Net Income TTM 14.7m / Revenue TTM 16.6m)
 Gross Margin = unknown ((Revenue TTM 16.6m - Cost of Revenue TTM 1.84k) / Revenue TTM)
 Tobins Q-Ratio = 833.6 (set to none) (Enterprise Value 1.47b / Total Assets 1.76m)
 Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
 Taxrate = 21.0% (US federal default 21%)
NOPAT = 11.6m (EBIT 14.7m * (1 - 21.00%))
Current Ratio = 0.40 (Total Current Assets 1.60m / Total Current Liabilities 3.97m)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = unknown (Net Debt none / EBITDA 14.7m)
 Debt / FCF = unknown (Net Debt none / FCF TTM 14.7m)
 Total Stockholder Equity = 163k (last 4 quarters mean from totalStockholderEquity)
RoA = 761.0% (Net Income 14.7m / Total Assets 1.76m)
 RoE = 9.06k% (out of range, set to none) (Net Income TTM 14.7m / Total Stockholder Equity 163k)
 RoCE = 1.17k% (out of range, set to none) (EBIT 14.7m / Capital Employed (Total Assets 1.76m - Current Liab 497k))
 RoIC = 1.40k% (out of range, set to none) (NOPAT 11.6m / Invested Capital 832k)
 WACC = 8.77% (E(1.47b)/V(1.47b) * Re(8.77%) + (debt-free company))
Discount Rate = 8.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.28 | Cagr: -0.00%
[DCF] Terminal Value 71.54% ; FCFF base≈17.8m ; Y1≈15.7m ; Y5≈12.6m
[DCF] Fair Price = 4.07 (EV 189.8m - Net Debt 0.0 = Equity 189.8m / Shares 46.6m; r=8.77% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -89.26 | EPS CAGR: -33.18% | SUE: N/A | # QB: 0
Revenue Correlation: -88.35 | Revenue CAGR: -30.39% | SUE: N/A | # QB: 0