Permian Basin Royalty Trust Announces April Cash Distribution and Excess Cost Position on Waddell Ranch Properties
Permian Basin Royalty Trust (PBT) announced a $0.038014 per unit cash distribution for April 2026, which increased due to higher natural gas volumes and oil prices, though no proceeds from the Waddell Ranch properties were included due to an excess cost position. The Trust will disclose Waddell Ranch production and cost details in quarterly reports.
Tickers: $PBT
Topics: distribution dividend oil and gas Permian Basin Royalty Trust Waddell Ranch properties