Permian Basin Royalty Trust PBT
Permian Basin Royalty Trust reports lower distributable income
Permian Basin Royalty Trust (PBT) filed a 10-Q with the SEC on Nov 9, 2026, 2:25 pm ET. Source: the filing on SEC EDGAR.
- Form
- 10-Q
- Filed
- Importance
- Notable
- Accession
- 0001193125-26-453311
- Distributable income for three months ended Sept 30, 2026: $3.8M
- Distributable income per Unit: $0.08
- Distributable income for nine months ended Sept 30, 2026: $10.7M
- Distributable income per Unit: $0.23
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
4 new legal mentions
Compared with the 10-Q for the period ended Jun 30, 2026.
New legal mentions (4)
- Pursuant to the Settlement Agreement agreed upon between the Trust and Blackbeard to end the lawsuit filed in 2024 alleging the underpayment of royalties due and owing to the Trust, Blackbeard agreed to pay the Trust $9,000,000, of which $4,500,000 was paid in September 2025 and $1,125,000 was paid in each of… +2 more paragraphs
- The final settlement payment from the lawsuit filed against Blackbeard, in the amount of $1,125,000, was received on October 1, 2026.
- For the nine months ended September 30, 2026, royalty income received by the Trust amounted to $12,666,228 compared to royalty income of $13,403,049 for the nine months ended September 30, 2025. +4 more paragraphs
- Pursuant to the Settlement Agreement, Blackbeard agreed to pay the Trust $9,000,000, of which $4,500,000 was paid in September 2025 and $1,125,000 was paid in each of January, April, July, and October 2026.
