How to buy Permian Basin Royalty Trust stock - (NYSE: PBT) stock price $23.79 | finder.com (2024)

Permian Basin Royalty Trust is an oil & gas midstream business based in the US. Permian Basin Royalty Trust shares (PBT) are listed on the NYSE and all prices are listed in US Dollars.

How to buy Permian Basin Royalty Trust stock

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What's in this guide?

  1. PBT shares summary
  2. Compare share dealing platforms
  3. Is PBT stock a buy or sell?
  4. Stock performance over time
  5. Are PBT shares over-valued?
  6. Permian Basin Royalty Trust's financials
  7. How volatile are PBT shares?
  8. Does Permian Basin Royalty Trust pay a dividend?
  9. Other common questions

Permian Basin Royalty Trust stock price (NYSE: PBT)

Use our graph to track the performance of PBT stocks over time.

Permian Basin Royalty Trust shares at a glance

  • Key figures

Information last updated 2023-06-18.

Latest market close$23.79
52-week range$13.29 - $27.69
50-day moving average $24.72
200-day moving average $22.32
Wall St. target price$13.00
PE ratio 21
Dividend yield $1.172 (2.17%)
Earnings per share (TTM) $1.17

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Is it a good time to buy Permian Basin Royalty Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Permian Basin Royalty Trust price performance over time

Historical closes compared with the close of $23.79 from 2023-06-20

1 week (2023-06-14)-0.71%
1 month (2023-05-19)-1.69%
3 months (2023-03-20)1.88%
6 months (2022-12-21)1.93%
1 year (2022-06-17)34.10%
2 years (2021-06-21)350.57%
3 years (2020-06-19)646.33%
5 years (2018-06-21)226.10%

Is Permian Basin Royalty Trust stock undervalued or overvalued?

Valuing Permian Basin Royalty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Permian Basin Royalty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Permian Basin Royalty Trust's P/E ratio

Permian Basin Royalty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Permian Basin Royalty Trust shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Permian Basin Royalty Trust financials

Revenue TTM$55.6 million
Operating margin TTM98.1%
Gross profit TTM $54.5 million
Return on assets TTM1427.17%
Return on equity TTM189.42%
Profit margin98.1%
Book value$0.01
Market capitalisation $1.1 billion

TTM: trailing 12 months

Permian Basin Royalty Trust share dividends

Dividend payout ratio: 11.67% of net profits

Recently Permian Basin Royalty Trust has paid out, on average, around 11.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Permian Basin Royalty Trust shareholders could enjoy a 2.17% return on their shares, in the form of dividend payments. In Permian Basin Royalty Trust's case, that would currently equate to about $1.172 per share.

While Permian Basin Royalty Trust's payout ratio might seem low, this can signify that Permian Basin Royalty Trust is investing more in its future growth.

Permian Basin Royalty Trust's most recent dividend payout was on 14 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 30 May 2023 (the "ex-dividend date").

Permian Basin Royalty Trust share price volatility

Over the last 12 months, Permian Basin Royalty Trust's shares have ranged in value from as little as $13.291 up to $27.6885. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Permian Basin Royalty Trust's is 0.8919. This would suggest that Permian Basin Royalty Trust's shares are less volatile than average (for this exchange).

Permian Basin Royalty Trust overview

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, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas. .

Frequently asked questions

What percentage of Permian Basin Royalty Trust is owned by insiders or institutions?
Currently 9.996% of Permian Basin Royalty Trust shares are held by insiders and 27.073% by institutions.

When does the fiscal year end for Permian Basin Royalty Trust?
Permian Basin Royalty Trust's fiscal year ends in December.

Where is Permian Basin Royalty Trust based?
Permian Basin Royalty Trust's address is: 2911 Turtle Creek Boulevard, Dallas, TX, United States, 75219

What is Permian Basin Royalty Trust's ISIN number?
Permian Basin Royalty Trust's international securities identification number is: US7142361069

What is Permian Basin Royalty Trust's CUSIP number?
Permian Basin Royalty Trust's Committee on Uniform Securities Identification Procedures number is: 714236106

How to buy Permian Basin Royalty Trust stock - (NYSE: PBT) stock  price $23.79 | finder.com (2024)

FAQs

How do I buy royalties in Permian Basin? ›

How to buy Permian Basin Royalty Trust stock
  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. ...
  4. Search for the stock name – PBT. ...
  5. Buy the stock.

What is the target price for PBT? ›

Permian Basin Royalty Trust (NYSE:PBT)

The 1 analysts offering 12-month price forecasts for Permian Basin Royalty Trust have a median target of 13.00, with a high estimate of 13.00 and a low estimate of 13.00. The median estimate represents a -45.33% decrease from the last price of 23.78.

What is the PBT stock price forecast for 2025? ›

For Permian Basin Royalty Trust Stock (PBT) price forecast for 2025, a forecast is offered for each month of 2025 with average PBT price forecast of $27.79, a high forecast of $28.02, and a low forecast of $25.15. The average PBT price prediction of 2025 represents a +11.85% increase from the last price of $24.85.

What does Permian Basin Royalty Trust do? ›

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States.

How do I buy royalty stocks? ›

Investors can acquire rights to royalty income by purchasing shares of royalty trusts or bidding on royalty auction exchanges. If you're thinking about investing in royalty income, you may want to speak with a financial advisor first. SmartAsset's free tool can match you with advisors that serve your area.

How much does it cost to buy royalties? ›

The Royalty Exchange is an online royalty marketplace where you can bid on royalties in many industries such as music, film, TV, books, solar energy, pharmaceutical, intellectual property, oil, gas and more. You pay a 2.5% buyer premium and another 2.5% for the management and payout of your royalty stream.

Does PBT pay monthly dividends? ›

Permian Basin Royalty Trust has been paying dividends since 1995. PBT has distributed 12 monthly dividends in the past year. The annualized dividend per share has an increase of 294% since twelve months ago. And with the price of the stock up by 36% from a year ago, the dividend yield has an increase of 189%.

How often does PBT pay dividends? ›

PBT has a dividend yield of 5.03% and paid $1.14 per share in the past year. The dividend is paid every month and the next ex-dividend date is Jun 29, 2023.

What is Texas Instruments target price? ›

The average price target for Texas Instruments is $187.51. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $230.00 ,the lowest forecast is $145.00. The average price target represents 9.17% Increase from the current price of $171.76.

Is PBTS stock a good buy? ›

PBTS Signals & Forecast

Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $1.44.

What stock will go up the most in 2023? ›

10 Best Growth Stocks to Buy for 2023
StockImplied upside from June 9 close
Tesla Inc. (TSLA)2.3%
Chevron Corp. (CVX)8.3%
Pfizer Inc. (PFE)23.2%
Salesforce Inc. (CRM)18.9%
6 more rows
Jun 12, 2023

What is the future stock price for PBTS? ›

7 analysts offering 12-month price forecasts for Powerbridge Technologies Co Ltd (PBTS) have a share price target of $10. This median of share price forecast represents a 614.29% upside from the latest price of $1.4 as on 23.06. 23.

Who owns oil rights in the Permian Basin? ›

About Kimbell Royalty Partners

Kimbell owns mineral and royalty interests in over 16 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 123,000 gross wells with over 47,000 wells in the Permian Basin.

What is the royalty income from the Permian Basin? ›

Compare PBT With Other Stocks
Permian Basin Royalty Trust Quarterly Net Income (Millions of US $)
2022-06-30$7
2022-03-31$4
2021-12-31$3
2021-09-30$3
53 more rows

What are the royalties in the Permian Basin? ›

General Overview of Permian Basin Trust

PBT investors are unitholders of this grantor trust that owns a 75% net overriding royalty interests of Waddell Ranch oil/gas properties in Crane County, Texas and a 95% net overriding royalty interests of Texas Royalty oil/gas properties.

Can I buy 1000 shares of a stock? ›

Key Takeaways. There is no minimum order limit on the purchase of a publicly-traded company's stock. Investors may consider buying fractional shares through a dividend reinvestment plan or DRIP, which don't have commissions.

How can I buy my first stock? ›

How To Buy Stocks
  1. Open an Online Brokerage Account to Buy Stock. ...
  2. Research Which Stocks You'd Like to Buy. ...
  3. Execute Trades in Your Account. ...
  4. Use Dollar-Cost Averaging to Buy Stock Over Time. ...
  5. Think Carefully About When to Sell Your Stock.
Apr 6, 2023

Can you profit from royalty-free? ›

Royalty-free music simply refers to a single license giving you permission to use a track. This means artists can earn money from selling royalty-free licenses. But they can also earn royalties in other ways from the same songs.

How do royalties make money? ›

A royalty deal is when an investor gives funds to a company–not the individual–in exchange for a certain percentage of total sales. For example, let's say an investor invests in a clothing company and receives 5% of gross sales. This means the investor earns $2.50 on every $50 shirt sold.

Are royalties paid monthly? ›

Franchise royalties are usually collected by your franchisor on a monthly basis. Like marketing fees, these fees are based on a percentage of your revenue.

How often do you have to pay royalties? ›

The owner of a royalty gets paid before stockholders, company executives, and so on. Royalty payments are typically made at specified intervals, such as monthly or quarterly. Music royalties are derived from copyrights, which are a type of intellectual property.

How much can you make monthly from dividend stocks? ›

Each stock you invest in should take up at most 3.33% of your portfolio. “If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1,000 per month.”

How much can you make from monthly dividends? ›

While your mileage will vary, you can generally expect a dividend yield roughly between 1% and 6%. Your investment portfolio's total dividend yield will depend on its composition.

What is a monthly cash dividend? ›

Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually. This research report focuses on all 82 individual monthly paying securities. It includes the following resources. Resource #1: The Monthly Dividend Stock Spreadsheet List.

How many months do you have to hold to get dividends? ›

How Long Do I Need to Own a Stock to Collect the Dividend? To collect a stock's dividend you must own the stock at least two days before the record date and hold the shares until the ex-date.

How long does it take to double dividend income? ›

The rule of 72 is a quick financial formula that can help investors determine how quickly an investment can double their money. You dividend 72 by the expected rate of return, and the result is the years it would take for an investment to double in value based on that return.

Do I get dividend every month? ›

Dividends are decided by the board of directors of the company and it has to be approved by shareholders. Dividends are paid quarterly or annually.

What is the outlook for Texas Instruments 2023? ›

"TI's second quarter outlook is for revenue in the range of $4.17 billion to $4.53 billion and earnings per share between $1.62 and $1.88 . We continue to expect our 2023 effective tax rate to be about 13% to 14%."

How often does Texas Instruments pay dividends? ›

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7.

What is target price in investment? ›

A price target refers to the expected stock valuation in the future. In this process, the stock analysts or the investors perform the valuation. It shows the price for an investor at which they may trade the stock at a specific period or record withdrawal from the existing setting.

What is the price prediction for PBTS in 2023? ›

According to our current PBTS stock forecast, the value of Powerbridge Technologies shares will rise by 12.85% and reach $ 1.737931 per share by June 23, 2023. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear).

Who owns PBTS? ›

Who owns Powerbridge Technologies Co? Powerbridge Technologies Co (NASDAQ: PBTS) is owned by 6.92% institutional shareholders, 0.00% Powerbridge Technologies Co insiders, and 93.08% retail investors.

Will Plug stock go back up? ›

Plug Power Inc (NASDAQ:PLUG)

The 26 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 15.00, with a high estimate of 78.00 and a low estimate of 7.50. The median estimate represents a +61.73% increase from the last price of 9.28.

What is the best stock to make money fast? ›

In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).

Which is the best stock to buy now? ›

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SBICARDBUY860
TATACHEMBUY1006
GODREJPROPBUY1564
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Will boom stock go up? ›

The 2 analysts offering 12-month price forecasts for DMC Global Inc have a median target of 34.00, with a high estimate of 35.00 and a low estimate of 33.00. The median estimate represents a +109.10% increase from the last price of 16.26.

How high will PBF stock go? ›

Stock Price Forecast

The 13 analysts offering 12-month price forecasts for PBF Energy Inc have a median target of 47.00, with a high estimate of 61.00 and a low estimate of 36.00. The median estimate represents a +18.45% increase from the last price of 39.68.

What is Lightyear stock price? ›

Current price today: ▲0.00160 USD (+0.000001%)

Who is the largest Permian Basin acreage holder? ›

Pioneer Natural Resources, the biggest Texas oil producer and the largest acreage holder in the oil and gas-rich Permian Basin of the southwest US, reported fourth-quarter profits that were better than expected and said it would push ahead with drilling, completions, facilities and water infrastructure spending of up ...

How long will the Permian Basin last? ›

Continuing at that rate of consumption, the estimated 71 billion barrels would last only 10 years. A 200-year supply would require closer to 1.45 trillion barrels — far beyond current estimates for the region.

Who is biggest player in Permian Basin? ›

Occidental Petroleum is the largest land holder in the top U.S. shale field, followed by Chevron.

How to invest in Permian Basin royalty? ›

How to buy Permian Basin Royalty Trust stock
  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. ...
  4. Search for the stock name – PBT. ...
  5. Buy the stock.

How much is an acre in the Permian Basin? ›

The Permian-Delaware basin is still valued at $30,000 per acre and the Midland basin is valued at $17,000 an acre, Rystad added.

Is the Permian Basin booming? ›

Permian growth

The Permian Basin is set to grow 40% before hitting its peak of 7.86 million barrels in 2030, according to a Bloomberg survey of major forecasters. The growth alone would be like adding another Iran, the fifth-biggest member of the Organization of Petroleum Exporting Countries, to global oil markets.

How much can you make from oil royalties? ›

Oil and gas royalties are typically calculated based on the value of the production. The royalty rate is negotiated between the owner of the mineral rights and the company extracting the oil and gas, and can range from 12.5% to 25% of the production value.

How much are my oil royalties worth? ›

One quick and dirty approach is the “rule of thumb.” Those following the rule of thumb say that mineral rights are worth a multiple of three to five times the yearly income produced. For example, a mineral right that produces $1,000 a year in royalties would be worth between $3,000 and $5,000 under the rule of thumb.

How do you pay royalties? ›

Royalty payments are negotiated once through a legal agreement and paid on a continuing basis by licensees to owners granting a license to use their intellectual property or assets over the term of the license period. Royalty payments are often structured as a percentage of gross or net revenues.

How do you get paid royalties? ›

How to Get Someone Else's Royalty Check. If you're not an artist, it's still possible to get royalty checks by buying someone else's share to a song in what's called a writer's auction. You see, if a songwriter dies their heirs will sometimes auction off a percentage of the song to raise money during an estate sale.

How do I claim oil and gas royalties? ›

If you want to get your money, state officials will ask for evidence supporting your right to the unclaimed oil or gas rights located in your search. You may need to show evidence of inheritance or complete an Affidavit of Heirship (AOH) if you are claiming royalty payments on an inherited property.

Where can I collect royalties? ›

Performance royalties are licensed and collected by Performance Rights Organizations (PROs). Songwriters and publishers register with these organizations to collect performance royalties due them whenever a song is played in public.

How long are royalties paid? ›

The length of ownership for a song copyright depends on whether the song was copyrighted before or after 1978. If a song was copyrighted in or after 1978, the copyright is valid for the life of the author plus 70 years.

Who gets paid royalties? ›

Music royalties are the payments made to rights holders, including songwriters, recording artists, and intermediaries like labels, publishers, or producers for the licensed use of their work. Royalties are generated depending on the type of usage and licensing.

How often do you get royalty checks? ›

Initially, it can take five months or longer before you receive your first royalty check from the first sale on your well. From that point on, royalty checks will generally continue to be issued and mailed by the end of each month—as long as the well is producing.

Can I sell my royalties? ›

Recording artists also have the option to monetize their royalty-based assets and sell any portion of their producer royalties. This allows artists to creatively leverage earnings out of previous hits and high earning titles to fund upcoming projects or personal financial obligations.

How much do oil royalties pay? ›

If the lease has a 1/8th (12.5%) royalty, that will result in the operator paying 100% of all costs and receiving 87.5% of the revenue. The remaining 12.5% would be the royalty interest in oil and gas paid to the mineral rights owner.

Do oil royalties affect Social Security? ›

SSI is based on financial need. Because of this, the Social Security Administration (SSA) considers all other income when determining monthly payment amounts, and reduces monthly payments dollar for dollar by any other income or benefit received. This includes oil and gas lease and royalty payments.

What is a well payout? ›

1. n. [Oil and Gas Business] The point at which all costs of leasing, exploring, drilling and operating have been recovered from production of a well or wells as defined by contractual agreement.

Are royalties profitable? ›

Royalties can be a profitable -- and beneficial -- business

For those granting the rights, it allows them to earn passive income and benefit from their invention, property, or ownership. For those acquiring the rights, it can help them enhance their products.

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