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DALLAS, Oct. 23, 2026 /PRNewswire/ -- Argent Trust Company, as trustee ("Trustee") of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust"), today 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 November 23, 2026, with a record date of October 13 , 2026. The purpose of the Special Meeting requested by the Unit holders is to present for a vote by the Trust's Unit holders (i) a proposal to approve and adopt the terms of an amendment to the Trust Indenture to effect the Business Combination pursuant to the Combination Agreement (as set forth in the proxy statement / prospectus included in the Form S-4 filed with the Securities and Exchange Commission by PBT Land and Minerals, Inc. ("New PBT"), SoftVest, SoftVest, L.P.
DALLAS, Oct. 20, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.045191 per unit, payable on November 16, 2026, to unit holders of record on October 30, 2026. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross proceeds ("Gross Proceeds") for the month of September, resulting in a continuing excess cost position for the Waddell Ranch properties.
Permian Basin Royalty Trust (NYSE: PBT - Get Free Report) shares gapped down prior to trading on Friday. The stock had previously closed at $34.60, but opened at $33.48. Permian Basin Royalty Trust shares last traded at $33.6310, with a volume of 2,990 shares trading hands. Wall Street Analyst Weigh In Separately, Weiss Ratings upgraded shares
A $2.2 billion Permian Basin minerals platform is betting landowners can collect royalty checks without ever touching a drill rig, but for retirees on Social Security, the difference between owning the royalty and owning the operation can flip a clean year into a year with thousands in withheld benefits.
ExxonMobil (NYSE: XOM - Get Free Report) and Permian Basin Royalty Trust (NYSE: PBT - Get Free Report) are both energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability and valuation. Risk and Volatility ExxonMobil has a beta
On October 06, 2026, Permian Basin Royalty Trust (PBT) shares rose 3.7% to a current price of $33.55. The stock has seen a 52-week range between $16.25 and $37.
ABILENE, Texas--(BUSINESS WIRE)--PBT Land & Minerals Announces Record Date and Subscription Price for Rights Offering.
DALLAS, Sept. 18, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.019593 per unit, payable on October 15, 2026, to unit holders of record on September 30, 2026.