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Latest Permian Basin Royalty Trust Stories

2014-09-19 12:22:14

DALLAS, Sept. 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.094779 per unit, payable on October 15, 2014, to unit holders of record on September 30, 2014. This month's distribution decreased from the previous month due to increased capital expenditures relating to the drilling in July of the initial two vertical wells of the 2014 program for the Waddell Ranch....

2014-08-19 12:23:12

DALLAS, Aug. 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.109382 per unit, payable on September 15, 2014, to unit holders of record on August 29, 2014. This month's distribution decreased from the previous month due to one less day of oil production for June 2014, offset by one more day of gas production for May 2014, and an increase in oil prices. Production...

2014-07-21 12:23:15

DALLAS, July 21, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.118511 per unit, payable on August 14, 2014, to unit holders of record on July 31, 2014. This month's distribution increased from the previous month due to both decreased operating expenses and lower capital expenditures offset by slightly decreased production of oil and a reduction of gas produced and...

2014-06-20 16:21:16

DALLAS, June 20, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today announced that at the special meeting of the Trust's unitholders held today, the unitholders of the Trust voted to approve the proposal to appoint Southwest Bank as successor trustee to serve as trustee of the Trust once the resignation of the current Trustee of the Trust takes effect. The effective date of Bank of America, N.A.'s resignation as trustee of the Trust will be August 29,...

2014-06-20 12:24:13

DALLAS, June 20, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.096581 per unit, payable on July 15, 2014, to unit holders of record on June 30, 2014. This month's distribution decreased from the previous month due to a decrease to the trust in both production and pricing of both oil and gas. Also, LOE and capital expenditures rose from the previous month,...

2014-05-23 16:21:50

DALLAS, May 23, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today announced that the Special Meeting of the Trust's unit holders scheduled for today for the purpose of obtaining approval of the appointment of Southwest Bank as successor trustee of the Trust, was adjourned due to the lack of the requisite quorum. The Special Meeting has been adjourned until Friday, June 20, 2014 at 1:00 p.m., local time, at Shady Oaks Country Club, 320 Roaring Springs Road,...

2014-05-19 12:23:19

DALLAS, May 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.120209 per unit, payable on June 13, 2014, to unit holders of record on May 30, 2014. This month's distribution increased from the previous month due to increased oil production and lower capital expenditures and lease operating expenses on the Waddell Ranch properties. Production for the Trust's...

2014-04-17 12:24:40

DALLAS, April 17, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.086274 per unit, payable on May 14, 2014, to unit holders of record on April 30, 2014. This month's distribution decreased from the previous month due to the timing of February oil production and weather related down-time at the Waddell Ranch gas plants. Production for the Trust's allocated portion of...

2014-03-21 12:21:24

DALLAS, March 21, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.108529 per unit, payable on April 14, 2014, to unit holders of record on March 31, 2014. This month's distribution increased from the previous month due to increased production of oil on the Waddell Ranch properties and the completion last month of the prior period adjustments relating to previous years'...

2014-02-18 12:24:01

DALLAS, Feb. 18, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.091691 per unit, payable on March 14, 2014, to unit holders of record on February 28, 2014. This month's distribution increased from the previous month due to an increase in pricing for both oil and gas and an increase in gas production. Additionally, there was an increase in oil production as a result...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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