Permian Basin Royalty Trust (PBT) Stock Price & Analysis
Permian Basin Royalty Trust (PBT) closed at USD 32.46 on Thursday, October 29, 2026, down 2.81% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 33.4; the Oct 29, 2026 session ranged USD 32.27–33.37 on volume of 76,359 shares. Market capitalization is $1.51B, with a 52-week range of USD 16.25–37 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 22:51 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PBT.md
Key facts (PBT)
- Analysts: None.
- Next earnings: 2026-11-12 (date not yet confirmed by the company), EPS estimate USD —, revenue estimate $0K. All companies reporting that day: https://nexqual.com/earnings/2026-11-12
- Short interest: 5.90% of float (as of 2026-10-15), 8.8 days to cover.
Analysts (PBT)
Consensus None.
Short interest (PBT)
1,764,223 shares sold short, 5.90% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 374,277 shares (+371.4%). Days to cover: 8.8 (short shares ÷ average daily volume).
PBT major shareholder filing: Schedule 13D/A, Jul 29, 2026
SoftVest Advisors, LLC, SoftVest GP I, LLC, SoftVest, L.P. filed a Schedule 13D/A with the SEC on Jul 29, 2026, reporting up to 13.30% of the class. A Schedule 13D is filed by an owner of more than 5% who may seek to influence the company. Item 4 (Purpose of Transaction), quoted from the filing:
Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following: Combination Agreement On July 28, 2026, a combination agreement was entered into by PBT Land and Minerals, Inc. ("New PBT"), PBT Sub, Inc. (a wholly owned subsidiary of New PBT, "New PBT Sub"), PBT Land and Minerals OpCo, LLC ("OpCo"), Blackbeard Holdings, LLC ("Blackbeard Holdings"), Blackbeard Security Holdings, LLC ("Blackbeard Security"), and Greybeard Energy, LLC ("Greybeard Energy") (the "Combination Agreement"), pursuant to which, subject to the satisfaction or waiver of certain conditions and on the terms set forth therein, the parties will consummate a business combination (the "Business Combination") whereby New PBT would acquire (i) a majority of the assets and liabilities of the Trust and (ii) approximately 68,000 acres of surface estate and a 15% effective royalty interest associated with certain acreage and certain mineral interests owned directly or indirectly by Blackbeard Holdings. The Combination Agreement is attached as Exhibit 6 hereto and incorporated by reference herein. New PBT is a wholly-owned subsidiary of SoftVest. SoftVest created New PBT to facilitate the Business Combination and certain other transactions related thereto; SoftVest will transfer full ownership of New PBT to the Trust before the Business Combination is completed. …
Source: SEC EDGAR, Schedule 13D/A filed Jul 29, 2026. Quoted word for word; Nexqual adds no interpretation.
PBT earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Mar 31, 2015 | $0.09 | $0.06 | Beat +50.0% | — |
| — | Quarter ended Dec 31, 2014 | $0.14 | $0.25 | Miss −44.0% | — |
| — | Quarter ended Sep 30, 2014 | $0.32 | $0.32 | In line | — |
| — | Quarter ended Jun 30, 2014 | $0.30 | $0.28 | Beat +7.1% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
PBT recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 23, 2026 | 8-K | Other material event “On October 23 , 2026, Argent Trust Company (the “Trustee”), as trustee of the Permian Basin Royalty Trust (the “Trust”) announced that it has received a request from SoftVest Advisors, LLC (“SoftVest”), together with other holders of units of beneficial interest (“Units”) who collectively with SoftVest own more than 15% of the outstanding Units of the Trust, to call a special meeting (“Special Meeting”) of the Trust's Unit holders to be held on…” |
| Oct 23, 2026 | DEFA14A | Additional proxy material |
| Oct 20, 2026 | 8-K | Quarterly results |
| Sep 18, 2026 | 8-K | Quarterly results |
| Aug 21, 2026 | 8-K | Quarterly results |
| Aug 13, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 30, 2026 | 425 | Merger or acquisition communication |
| Jul 30, 2026 | 425 | Merger or acquisition communication |
| Jul 29, 2026 | Schedule 13D/A | SoftVest Advisors, LLC, SoftVest GP I, LLC: 13.3% of shares, 5%+ holder that may seek to influence the company (amended) “Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following: Combination Agreement On July 28, 2026, a combination agreement was entered into by PBT Land and Minerals, Inc. ("New PBT"), PBT Sub, Inc. (a wholly owned subsidiary of New PBT, "New…” |
| Jul 29, 2026 | 8-K | Regulation FD disclosure |
| Jul 29, 2026 | 425 | Merger or acquisition communication |
| Jul 29, 2026 | 425 | Merger or acquisition communication |
| Jul 21, 2026 | 8-K | Quarterly results |
| Jul 14, 2026 | 10-K/A | Annual report · period ended Dec 31, 2025 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
PBT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Sep 2015) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2015) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
Key Statistics (as of October 29, 2026 at 22:51 UTC)
| Price | USD 32.46 |
|---|---|
| Change | ▼ 2.81% (down) |
| Previous Close | USD 33.4 |
| Open | USD 33.5 |
| Day Range | USD 32.27 – 33.37 |
| 52-Week Range | USD 16.25 – 37 |
| Volume | 76,359 shares |
| Market Cap | $1.51B |
| Exchange | NYQ |
Analyst Ratings (PBT)
Wall Street analysts rate PBT "None", per Nexqual as of October 29, 2026 at 22:51 UTC.
| Consensus Rating | None |
|---|
Earnings (PBT)
| Next Earnings Date | 2026-11-12 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2015-03-31 | USD 0.09 vs est 0.06 ▲ beat |
| 2014-12-31 | USD 0.14 vs est 0.25 ▼ miss |
| 2014-09-30 | USD 0.32 vs est 0.32 ▲ beat |
| 2014-06-30 | USD 0.3 vs est 0.28 ▲ beat |
Source: Nexqual, October 29, 2026 at 22:51 UTC.
Financials & Fundamentals (PBT)
| Total Revenue | $17.69M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +34.40% |
| Gross Margin | +100.00% |
| Operating Margin | +92.70% |
| Profit Margin | +91.58% |
| ROE | +9976.58% |
| Current Ratio | 1.96 |
| Total Cash | $2.25M |
| Total Debt | $0 |
Source: Nexqual, October 29, 2026 at 22:51 UTC.
Financial Health Score (PBT)
Nexqual rates Permian Basin Royalty Trust's overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 22:51 UTC.
| Growth | Strong — Revenue +17% YoY (annual) |
|---|---|
| Profitability | Weak — Small revenue base — building scale |
| Balance Sheet | Mixed — $2M cash, no debt |
| Cash Flow | Mixed — No data |
| Efficiency | Strong — ROE 9977%, ROA 473.3% |
Ownership (PBT)
| Insider Ownership | +10.03% |
|---|---|
| Institutional Ownership | +43.98% |
| Shares Outstanding | 46.61M |
| Float | 35.72M |
| Short % of Float | +5.90% |
Source: Nexqual, October 29, 2026 at 22:51 UTC.
From Permian Basin Royalty Trust's Latest SEC 10-K Filing (filed 2026-03-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Treasury Regulations with respect to such Trust Units, including the issuance of Internal Revenue Service "IRS" Forms 1099 and certain written tax statements.
Partnerships
- On November 4, 2021, Simmons Bank announced that it had entered into an agreement with Argent pursuant to which Simmons Bank would be resigning as trustee of the Trust and would nominate Argent as successor trustee of the Trust.
Legal & Regulatory Risks (Item 1A, quoted)
- Government action, policies or regulations designed to discourage production of, reduce demand for, or promote alternatives to oil and natural gas could impact the price of oil and natural gas produced on the Underlying Properties, directly as intended or through unintended consequences.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 22:51 UTC. This page is informational and not investment advice.
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