2-Jan-2026
SoftVest Seeks Governance Changes at Permian Basin Trust
TipRanks (Tue, 30-Dec 5:19 PM ET)
PRNewswire (Fri, 19-Dec 8:00 AM ET)
PRNewswire (Mon, 17-Nov 8:00 AM ET)
Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature 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 across Texas. The company earns revenue in form of royalties received through its properties.
Permian Basin Royalty Trust trades on the NYSE stock market under the symbol PBT.
As of January 2, 2026, PBT stock price climbed to $17.59 with 71,099 million shares trading.
PBT has a beta of 0.93, meaning it tends to be less sensitive to market movements. PBT has a correlation of 0.21 to the broad based SPY ETF.
PBT has a market cap of $819.85 million. This is considered a Small Cap stock.
In the last 3 years, PBT traded as high as $27.77 and as low as $8.01.
PBT has outperformed the market in the last year with a price return of +55.3% while the SPY ETF gained +18.1%. However, in the short term, PBT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -0.7% vs +2.4% return in SPY. But in the last 2 weeks, PBT shares have fared better than the market returning +5.2% compared to SPY +0.4%.
PBT support price is $16.53 and resistance is $17.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PBT shares will trade within this expected range on the day.