Permian Basin Royalty Trust (PBT) Earns News Impact Score of 0.17

Media stories about Permian Basin Royalty Trust (NYSE:PBT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Permian Basin Royalty Trust earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the oil and gas producer an impact score of 46.225040116545 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Separately, TheStreet upgraded Permian Basin Royalty Trust from a “c” rating to a “b” rating in a research note on Thursday, April 19th.

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Permian Basin Royalty Trust traded down $0.03, reaching $9.20, during mid-day trading on Friday, Marketbeat.com reports. 2,466 shares of the stock were exchanged, compared to its average volume of 72,212. The company has a market capitalization of $432.53 million, a PE ratio of 14.50 and a beta of 0.52. Permian Basin Royalty Trust has a 1 year low of $7.80 and a 1 year high of $10.30.

Permian Basin Royalty Trust (NYSE:PBT) last released its quarterly earnings results on Thursday, May 10th. The oil and gas producer reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $9.73 million for the quarter. Permian Basin Royalty Trust had a return on equity of 5,529.95% and a net margin of 95.80%.

The business also recently announced a monthly dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 29th will be paid a $0.044 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $0.53 annualized dividend and a dividend yield of 5.74%.

Permian Basin Royalty Trust Company Profile

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, University-Waddell, and Waddell fields located in Crane County, Texas.