Share Price & News
How has Permian Basin Royalty Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBT has not had significant price volatility in the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: PBT exceeded the US Oil and Gas industry which returned -43.3% over the past year.
Return vs Market: PBT underperformed the US Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Permian Basin Royalty Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StPermian Basin Royalty Trust (NYSE:PBT) Will Pay US$0.055 In Dividends
1 year ago | Simply Wall StIs Permian Basin Royalty Trust (NYSE:PBT) A Financially Sound Company?
2 years ago | Simply Wall StIs Permian Basin Royalty Trust's (NYSE:PBT) PE Ratio A Signal To Sell For Investors?
Is Permian Basin Royalty Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBT ($3.49) is trading below our estimate of fair value ($4.23)
Significantly Below Fair Value: PBT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PBT's PE Ratio (7.7x) is in line with the US Oil and Gas industry average.
PE vs Market: PBT is good value based on its PE Ratio (7.7x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBT is overvalued based on its PB Ratio (395.4x) compared to the US Oil and Gas industry average (0.7x).
How is Permian Basin Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Permian Basin Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Permian Basin Royalty Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBT has high quality earnings.
Growing Profit Margin: PBT's current net profit margins (95%) are lower than last year (95.5%).
Past Earnings Growth Analysis
Earnings Trend: PBT's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: PBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PBT had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-21.6%).
Return on Equity
High ROE: PBT's Return on Equity (5132%) is considered outstanding.
How is Permian Basin Royalty Trust's financial position?
Financial Position Analysis
Short Term Liabilities: PBT's short term assets ($2.6M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: PBT's short term assets ($2.6M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: PBT is debt free.
Reducing Debt: PBT has not had any debt for past 5 years.
Debt Coverage: PBT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PBT has no debt, therefore coverage of interest payments is not a concern.
What is Permian Basin Royalty Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBT's dividend (11.51%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: PBT's dividend (11.51%) is in the top 25% of dividend payers in the US market (4.59%)
Stability and Growth of Payments
Stable Dividend: PBT's dividends per share have been stable in the past 10 years.
Growing Dividend: PBT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.2%), PBT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Permian Basin Royalty Trust has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Permian Basin Royalty Trust's company bio, employee growth, exchange listings and data sources
- Name: Permian Basin Royalty Trust
- Ticker: PBT
- Exchange: NYSE
- Founded: 1980
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$162.665m
- Shares outstanding: 46.61m
- Website: https://www.pbt-permian.com
- Permian Basin Royalty Trust
- 2911 Turtle Creek Boulevard
- Suite 850
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBT||NYSE (New York Stock Exchange)||Yes||Beneficial Interest Units||US||USD||Oct 1980|
|P0BR||DB (Deutsche Boerse AG)||Yes||Beneficial Interest Units||DE||EUR||Oct 1980|
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2019, the Waddell Ranch properties contained 332 net productive oil wells, 106 net productive gas wells, and 120 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various 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 located in 33 counties in Texas. The Texas Royalty properties comprised approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 23:59|
|End of Day Share Price||2020/07/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.