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How to buy Permian Basin Royalty Trust stock | $3.27

Own Permian Basin Royalty Trust stock in just a few minutes.

Fact checked

Permian Basin Royalty Trust is an oil & gas e&p 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 shares in Permian Basin Royalty Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Permian Basin Royalty Trust. Find the stock by name or ticker symbol: PBT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Permian Basin Royalty Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$3.27, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Permian Basin Royalty Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Permian Basin Royalty Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Permian Basin Royalty Trust share price

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

Permian Basin Royalty Trust shares at a glance

Information last updated 2020-12-07.
Latest market closeUSD$3.27
52-week rangeUSD$2.1005 - USD$3.9544
50-day moving average USD$2.5559
200-day moving average USD$3.0026
Wall St. target priceUSD$13
PE ratio 10
Dividend yield USD$0.26 (8.66%)
Earnings per share (TTM) USD$0.301

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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 $3.27 from 2020-12-09

1 week (2021-01-08) -8.91%
1 month (2020-12-16) -7.10%
3 months (2020-10-15) 36.25%
6 months (2020-07-15) -6.03%
1 year (2020-01-15) -20.63%
2 years (2019-01-15) -52.95%
3 years (2018-01-15) N/A
5 years (2016-01-15) 4.83

Is Permian Basin Royalty Trust under- or over-valued?

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 10x. In other words, Permian Basin Royalty Trust shares trade at around 10x 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 USD$15.2 million
Operating margin TTM 92.31%
Gross profit TTM USD$20.5 million
Return on assets TTM 323.93%
Return on equity TTM 3403.3%
Profit margin 92.31%
Book value $0.008
Market capitalisation USD$140.3 million

TTM: trailing 12 months

Shorting Permian Basin Royalty Trust shares

There are currently 282,234 Permian Basin Royalty Trust shares held short by investors – that's known as Permian Basin Royalty Trust's "short interest". This figure is 8.3% down from 307,686 last month.

There are a few different ways that this level of interest in shorting Permian Basin Royalty Trust shares can be evaluated.

Permian Basin Royalty Trust's "short interest ratio" (SIR)

Permian Basin Royalty Trust's "short interest ratio" (SIR) is the quantity of Permian Basin Royalty Trust shares currently shorted divided by the average quantity of Permian Basin Royalty Trust shares traded daily (recently around 104531.11111111). Permian Basin Royalty Trust's SIR currently stands at 2.7. In other words for every 100,000 Permian Basin Royalty Trust shares traded daily on the market, roughly 2700 shares are currently held short.

However Permian Basin Royalty Trust's short interest can also be evaluated against the total number of Permian Basin Royalty Trust shares, or, against the total number of tradable Permian Basin Royalty Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Permian Basin Royalty Trust's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Permian Basin Royalty Trust shares in existence, roughly 10 shares are currently held short) or 0.0061% of the tradable shares (for every 100,000 tradable Permian Basin Royalty Trust shares, roughly 6 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Permian Basin Royalty Trust.

Find out more about how you can short Permian Basin Royalty Trust stock.

Permian Basin Royalty Trust share dividends

17%

Dividend payout ratio: 17.29% of net profits

Recently Permian Basin Royalty Trust has paid out, on average, around 17.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.66% 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 8.66% return on their shares, in the form of dividend payments. In Permian Basin Royalty Trust's case, that would currently equate to about $0.26 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 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 November 2020 (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 $2.1005 up to $3.9544. A popular way to gauge a stock's volatility is its "beta".

PBT.US volatility(beta: 1.15)Avg. volatility(beta: 1.00)LowHigh

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 1.1507. This would suggest that Permian Basin Royalty Trust's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2019, the Waddell Ranch properties contained 332 net productive oil wells, 106 net productive gas wells, and 120 net injection wells. The company 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. The Texas Royalty properties comprised approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.

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