---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-046008"
form_type: "8-K"
ticker: "PBT"
cik: "0000319654"
company_name: "PERMIAN BASIN ROYALTY TRUST"
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T17:09:17.754274+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Permian Basin Royalty Trust declares $0.088214/unit monthly distribution, up from prior month

## Summary
- Distribution of $0.088214 per unit payable May 14, 2024 to record date April 30, 2024.
- Increase driven by lower capital costs and higher oil prices, partly offset by lower production.
- Waddell Ranch NPI contributed after CAPEX; warns future distributions at risk if pricing declines.
- Lawsuit against Blackbeard dismissed without prejudice; dispute remains unresolved.

## SEC filing metadata
- accession: 0000950170-24-046008
- form_type: 8-K
- ticker: PBT
- cik: 0000319654
- company_name: PERMIAN BASIN ROYALTY TRUST
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319654/000095017024046008/0000950170-24-046008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319654/000095017024046008/2024-04_pbt_8-k_template.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-046008
- JSON: https://secwatch.observer/filing/0000950170-24-046008.json
- Plain text: https://secwatch.observer/filing/0000950170-24-046008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.