How to buy Permian Basin Royalty Trust stock

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.

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

• Key figures

Information last updated 2021-03-10.

52-week range	$2.08 - $4.61
50-day moving average	$3.95
200-day moving average	$3.12
Wall St. target price	$13.00
PE ratio	14.8173
Dividend yield	$0.302 (6.89%)
Earnings per share (TTM)	$0.30

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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.

Technical Analysis of Permian Basin Royalty Trust by TradingView

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.

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 15x. In other words, Permian Basin Royalty Trust shares trade at around 15x 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	$15.2 million
Operating margin TTM	92.31%
Gross profit TTM	$20.5 million
Return on assets TTM	323.93%
Return on equity TTM	3403.3%
Profit margin	92.31%
Book value	$0.01
Market capitalisation	$207.9 million

TTM: trailing 12 months

Shorting Permian Basin Royalty Trust shares

There are currently 157,136 Permian Basin Royalty Trust shares held short by investors – that's known as Permian Basin Royalty Trust's "short interest". This figure is 12.3% down from 179,205 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 139058.40707965). Permian Basin Royalty Trust's SIR currently stands at 1.13. In other words for every 100,000 Permian Basin Royalty Trust shares traded daily on the market, roughly 1130 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% of the outstanding shares (for every 100,000 Permian Basin Royalty Trust shares in existence, roughly 0 shares are currently held short) or 0.0034% of the tradable shares (for every 100,000 tradable Permian Basin Royalty Trust shares, roughly 3 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

Dividend payout ratio: 57.69% of net profits

Recently Permian Basin Royalty Trust has paid out, on average, around 57.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.39% 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 4.39% return on their shares, in the form of dividend payments. In Permian Basin Royalty Trust's case, that would currently equate to about $0.302 per share.

Permian Basin Royalty Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Permian Basin Royalty Trust's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 February 2021 (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 $2.077 up to $4.61. A popular way to gauge a stock's volatility is its "beta".

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 1.2427. 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.

Frequently asked questions

• What percentage of Permian Basin Royalty Trust is owned by insiders or institutions?

  Currently 7.012% of Permian Basin Royalty Trust shares are held by insiders and 6.814% by institutions.

• When does the fiscal year end for Permian Basin Royalty Trust?

  Permian Basin Royalty Trust's fiscal year ends in December.

• Where is Permian Basin Royalty Trust based?

  Permian Basin Royalty Trust's address is: 2911 Turtle Creek Boulevard, Dallas, TX, United States, 75219

• What is Permian Basin Royalty Trust's ISIN number?

  Permian Basin Royalty Trust's international securities identification number is: US7142361069

• What is Permian Basin Royalty Trust's CUSIP number?

  Permian Basin Royalty Trust's Committee on Uniform Securities Identification Procedures number is: 714236106