Permian Basin Royalty Trust Declares $0.013198 Cash Distribution Per Unit
- Cash Distribution Announcement: The Permian Basin Royalty Trust declared a cash distribution of $0.013198 per unit, payable on January 15, 2026, reflecting the inability of Waddell Ranch properties to contribute proceeds due to production costs exceeding revenues.
- Impact of Production Costs: This month's distribution decreased compared to the previous month primarily due to lower oil volumes from Texas Royalty Properties, despite higher natural gas volumes and pricing, indicating direct market volatility effects on distributions.
- Voting Outcome Analysis: At the special meeting held on December 16, 2025, approximately 59.9% of unitholders voted in favor of SoftVest's non-binding proposal, demonstrating strong investor interest in amending the Trust's indenture despite its non-binding nature.
- Uncertain Future Outlook: Ongoing global market conditions continue to affect domestic production pricing, making future distribution predictions increasingly difficult, reflecting potential long-term impacts on the Trust's financial health due to market instability.
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- Cash Distribution Announcement: The Permian Basin Royalty Trust declared a cash distribution of $0.013198 per unit, payable on January 15, 2026, reflecting a decrease from the previous month due to production costs exceeding revenues.
- Production Cost Impact: The absence of proceeds from the Waddell Ranch properties indicates ongoing cost pressures, which may adversely affect future distributions and highlight the financial challenges faced by the Trust.
- Oil and Gas Production Data: Texas Royalty Properties reported production of 13,834 barrels of oil and 12,089 Mcf of gas, with oil priced at $60.17 per barrel, resulting in a net profit of $793,696 for the month, illustrating the impact of lower production volumes on overall revenues.
- Shareholder Voting Outcome: At the special meeting on December 16, 2025, approximately 59.9% of unitholders voted in favor of SoftVest's proposal to modify the Trust Indenture, which could streamline future amendments and influence the governance structure of the Trust.
- Cash Distribution Announcement: The Permian Basin Royalty Trust declared a cash distribution of $0.013198 per unit, payable on January 15, 2026, reflecting the inability of Waddell Ranch properties to contribute proceeds due to production costs exceeding revenues.
- Impact of Production Costs: This month's distribution decreased compared to the previous month primarily due to lower oil volumes from Texas Royalty Properties, despite higher natural gas volumes and pricing, indicating direct market volatility effects on distributions.
- Voting Outcome Analysis: At the special meeting held on December 16, 2025, approximately 59.9% of unitholders voted in favor of SoftVest's non-binding proposal, demonstrating strong investor interest in amending the Trust's indenture despite its non-binding nature.
- Uncertain Future Outlook: Ongoing global market conditions continue to affect domestic production pricing, making future distribution predictions increasingly difficult, reflecting potential long-term impacts on the Trust's financial health due to market instability.
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Cash Distribution Declared: Argent Trust Company announced a cash distribution of $0.019233 per unit for the Permian Basin Royalty Trust, payable on December 12, 2025, with a record date of November 28, 2025. This distribution is lower than the previous month due to decreased natural gas volumes and lower oil and gas prices.
Waddell Ranch Properties Update: No proceeds were received from the Waddell Ranch properties for October 2025, leading to a continuing excess cost position. Future distributions will depend on recovering these excess costs from future proceeds.
Texas Royalty Properties Performance: The Texas Royalty Properties produced 16,337 barrels of oil and 10,723 Mcf of gas, generating revenues of $1,111,632 after deducting taxes and expenses, resulting in a net profit of $973,969 for October.
Special Meeting Announcement: A special meeting for unit holders is scheduled for December 16, 2025, at the request of SoftVest Advisors, LLC, to vote on a proposal for judicial reformation of the Trust's Indenture, allowing a majority vote to approve amendments.

Cash Distribution Declared: Argent Trust Company announced a cash distribution of $0.020021 per unit for the Permian Basin Royalty Trust, payable on November 17, 2025, with a record date of October 31, 2025. This distribution decreased from the previous month due to higher production costs at the Waddell Ranch properties.
Waddell Ranch Production Costs: The Waddell Ranch properties did not contribute to this month's distribution as production costs exceeded gross proceeds. Future distributions will depend on recovering these excess costs from future proceeds.
Texas Royalty Properties Performance: The Texas Royalty Properties reported production of 16,239 barrels of oil and 13,282 Mcf of gas, generating revenues of $1,164,303 after deducting taxes and expenses, resulting in a net profit of $1,024,178 for September.
Special Meeting Announcement: A special meeting for unit holders is scheduled for December 16, 2025, at the request of SoftVest Advisors, LLC, to vote on a proposal for amending the Trust's Indenture regarding the approval process for amendments.

Cash Distribution Announcement: Argent Trust Company declared a cash distribution of $0.115493 per unit for the Permian Basin Royalty Trust, payable on October 15, 2025, to unit holders of record on September 30, 2025. This distribution includes a $4.5 million settlement payment from Blackbeard Operating, LLC, but excludes proceeds from the Waddell Ranch properties due to excess production costs.
Production and Revenue Details: The Texas Royalty Properties reported production of 13,944 barrels of oil and 10,800 Mcf of gas, generating revenues of $1,124,318 after expenses. The Trust's net profit interest from these properties contributed $934,159 to the current month's distribution, while ongoing litigation with Blackbeard has resulted in a settlement agreement for $9 million, with future payments scheduled.







