Permian Basin Royalty Trust Announces June Cash Distribution, Excess Cost Position at Waddell Ranch Properties
The Permian Basin Royalty Trust declared a cash distribution of $0.024673 per unit for July 15, 2026, to holders on record as of June 30, 2026. The increase in the payout was driven by higher oil volumes and prices from Texas Royalty Properties, partially offset by lower natural gas volumes. No proceeds were included from Waddell Ranch properties due to excess costs exceeding gross proceeds for May.
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Topics: dividends natural gas oil trust distributions