Permian Basin Royalty Trust announced a cash distribution of $0.015311 per unit for holders of its units of beneficial interest, payable on August 14, 2025, to those on record as of July 31, 2025. This distribution excludes proceeds from the Waddell Ranch properties due to production costs exceeding gross proceeds. The Trust is currently engaged in litigation with Blackbeard, the operator of Waddell Ranch properties. Production for the Texas Royalty Properties included 12,190 barrels of oil and 10,109 Mcf of gas, with revenues totaling $1,085,196. The Trust's financial reports and further details can be accessed on their website.
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