Permian Basin Royalty Trust Releases 2024 Annual Report and Form 10-K

Reuters
06-20
Permian Basin Royalty Trust Releases 2024 Annual Report and Form 10-K

Permian Basin Royalty Trust announced a cash distribution of $0.012976 per unit for July 2025, excluding proceeds from the Waddell Ranch properties due to excess production costs. The distribution decreased due to lower natural gas volumes and oil pricing in Texas Royalty Properties. Ongoing litigation with Blackbeard, the operator of the Waddell Ranch, continues, with a trial set for November 2025. The Trust's 2024 Annual Report and financial documents are available on their website.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: DA11124) on June 20, 2025, and is solely responsible for the information contained therein.

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