Permian Basin Royalty Trust (PBT) Earns Media Sentiment Score of 0.16
News headlines about Permian Basin Royalty Trust (NYSE:PBT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 42.9591850291603 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, BidaskClub raised Permian Basin Royalty Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 23rd.
Shares of Permian Basin Royalty Trust (NYSE PBT) opened at $9.20 on Monday. Permian Basin Royalty Trust has a twelve month low of $7.07 and a twelve month high of $10.30. The firm has a market capitalization of $428.80, a price-to-earnings ratio of 14.60 and a beta of 0.64.
The business also recently declared a monthly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be given a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date of this dividend is Wednesday, November 29th. Permian Basin Royalty Trust’s payout ratio is currently 96.83%.
Permian Basin Royalty Trust Company Profile
Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell.
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