Permian Basin Royalty Trust Releases 2024 Annual Report and Form 10-K

Reuters
Yesterday
Permian Basin Royalty Trust Releases 2024 Annual Report and Form 10-K

Permian Basin Royalty Trust announced a cash distribution of $0.012976 per unit for July 2025, excluding proceeds from the Waddell Ranch properties due to excess production costs. The distribution decreased due to lower natural gas volumes and oil pricing in Texas Royalty Properties. Ongoing litigation with Blackbeard, the operator of the Waddell Ranch, continues, with a trial set for November 2025. The Trust's 2024 Annual Report and financial documents are available on their website.

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