Media stories about Permian Basin Royalty Trust (NYSE:PBT) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Permian Basin Royalty Trust earned a news impact score of 0.05 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 47.0582071961501 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, BidaskClub cut Permian Basin Royalty Trust from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th.

Shares of Permian Basin Royalty Trust (NYSE:PBT) opened at $9.59 on Friday. Permian Basin Royalty Trust has a 12-month low of $6.72 and a 12-month high of $10.30. The company has a market capitalization of $446.98, a P/E ratio of 15.22 and a beta of 0.64.

Permian Basin Royalty Trust (NYSE:PBT) last issued its quarterly earnings results on Wednesday, August 9th. The oil and gas producer reported $0.15 EPS for the quarter. Permian Basin Royalty Trust had a return on equity of 5,099.74% and a net margin of 95.71%. The firm had revenue of $7.48 million for the quarter.

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 14th. Stockholders of record on Tuesday, October 31st will be given a $0.054 dividend. This is a boost from Permian Basin Royalty Trust’s previous monthly dividend of $0.04. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.75%. The ex-dividend date of this dividend is Monday, October 30th. Permian Basin Royalty Trust’s payout ratio is currently 103.18%.

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Permian Basin Royalty Trust Company Profile

Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell.

Insider Buying and Selling by Quarter for Permian Basin Royalty Trust (NYSE:PBT)

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