Permian Basin Royalty Trust

Permian Basin Royalty Trust unitholders to vote on a proposed combination of Trust assets with Blackbeard Holdings to form a new entity, PBT Land and Minerals, Inc.

Permian Basin Royalty Trust declared a July cash distribution of $0.043566 per unit, with Waddell Ranch properties in an excess cost position.

Permian Basin Royalty Trust declared a cash distribution of $0.024673 per unit, with Waddell Ranch properties incurring excess costs.

Permian Basin Royalty Trust announces receipt of a Schedule 13D from SoftVest, L.P. detailing a proposed business combination involving the Trust and Blackbeard assets.

Permian Basin Royalty Trust declared a May cash distribution of $0.020355 per unit, with no proceeds from Waddell Ranch properties due to excess costs.

The 96th District Court of Texas approved modifications to the Permian Basin Royalty Trust indenture, lowering voting thresholds for future amendments.

Permian Basin Royalty Trust reports increased royalty income driven by a Blackbeard settlement, despite lower commodity prices.

Permian Basin Royalty Trust reports a significant decline in distributable income for Q3 2025 and the nine months ended September 30, 2025, despite a $4.5 million partial settlement from Blackbeard.

Permian Basin Royalty Trust reports a significant decline in distributable income and distributions per unit, primarily due to a deficit in Waddell Ranch properties and ongoing legal disputes with operator Blackbeard Operating, LLC.

Permian Basin Royalty Trust reports a significant decrease in distributable income for the first quarter of 2025, impacted by lower royalty income and ongoing disputes with an operator.

Permian Basin Royalty Trust saw a significant increase in royalty income in the third quarter of 2024 compared to the same period last year, despite an ongoing dispute with Blackbeard Operating, LLC.

Permian Basin Royalty Trust saw a significant increase in distributable income for the second quarter of 2024, driven by higher oil and gas prices, despite ongoing issues with data reporting from one of its operators.

Permian Basin Royalty Trust files an amended annual report for the fiscal year ended December 31, 2025, to update disclosures regarding properties, financial condition, and oil and gas reserve information.

Permian Basin Royalty Trust reported a significant increase in proved reserves and settled a lawsuit for $9 million, but distributable income and Waddell Ranch royalties declined sharply in 2025.

The Permian Basin Royalty Trust's 2024 annual report highlights decreased royalty income, ongoing disputes with Blackbeard Operating, and the exclusion of proved undeveloped reserves due to lack of information.

The Permian Basin Royalty Trust's 2023 performance was marked by fluctuating commodity prices and increased operational costs, impacting overall distributable income.

Permian Basin Royalty Trust (PBT) and US Land Guild (USLG) announce a business combination valued at $2.2 billion, creating a premier land and minerals platform in the Permian Basin.

SoftVest Advisors and Blackbeard Holdings have agreed to a $2.24 billion combination of Permian Basin Royalty Trust (PBT) and US Land Guild, forming PBT Land and Minerals, Inc. (New PBT).

PBT Land and Minerals, Inc. announces a combination with US Land Guild, creating a premier land and minerals platform in the Permian Basin, expected to close in the second half of 2026.

Permian Basin Royalty Trust and Blackbeard Holdings announce a $2.24 billion agreement to form PBT Land and Minerals, Inc., creating a premier land and minerals platform.

SoftVest Advisors proposes a business combination between Permian Basin Royalty Trust and Blackbeard's US Land Guild, forming a new NYSE-listed Texas corporation.

Eric L. Oliver and SoftVest entities reported the expiration of short put options on Permian Basin Royalty Trust units.

Permian Basin Royalty Trust unit holders to vote on a proposal to reform the Trust Indenture at a special meeting on December 16, 2025.

SoftVest, L.P. is soliciting proxies for a special meeting to propose judicial reformation of the Permian Basin Royalty Trust Indenture, aiming to enable future amendments and strategic transactions with a simple majority vote.

Permian Basin Royalty Trust announces a combination agreement with Blackbeard Holdings, LLC and Greybeard Energy, LLC, forming a new entity, PBT Land and Minerals, Inc.

Permian Basin Royalty Trust and US Land Guild, LLC, a subsidiary of Blackbeard Holdings, LLC, have entered into a non-binding term sheet for a potential business combination.

SoftVest, L.P., a major beneficiary, has filed a lawsuit to modify the Permian Basin Royalty Trust's indenture, citing outdated terms that hinder distributions.

SoftVest Advisors has filed a preliminary proxy statement to convert Permian Basin Royalty Trust into a corporate entity, citing sub-optimal royalty structure and limited unitholder distributions.

SoftVest Advisors, LLC and related entities filed an amendment to their Schedule 13D, disclosing short put options on Units of Beneficial Interest in Permian Basin Royalty Trust.

SoftVest Advisors, holding 13.3% of Permian Basin Royalty Trust units, seeks judicial reformation of the Trust Indenture to facilitate its conversion into a publicly traded corporation for enhanced value.

Horizon Kinetics Asset Management LLC and its parent Horizon Kinetics Holding Corp. have reported a significant beneficial ownership stake of 13.7% in Permian Basin Royalty Trust.

SoftVest Advisors, LLC, SoftVest GP I, LLC, SoftVest, LP, and Eric L. Oliver have jointly disclosed a beneficial ownership of 13.3% in Permian Basin Royalty Trust, totaling 6,206,624 Units of Beneficial Interest.

Horizon Kinetics Asset Management LLC has reported a 12.5% beneficial ownership stake in Permian Basin Royalty Trust, holding 5,839,825 Units of Beneficial Interest.

SoftVest Advisors, LLC and its affiliated entities have disclosed a significant 9.5% beneficial ownership stake in Permian Basin Royalty Trust, held for ordinary course investment purposes.

Horizon Kinetics Asset Management LLC has filed an amended Schedule 13G, disclosing a beneficial ownership of 8.5% in Permian Basin Royalty Trust as of December 31, 2024.