---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-098915"
form_type: "8-K"
ticker: "PBT"
cik: "0000319654"
company_name: "PERMIAN BASIN ROYALTY TRUST"
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:34:45.021344+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Permian Basin Trust declares $0.0519/unit distribution; Blackbeard withholds data, litigation ongoing

## Summary
- Distribution of $0.051902/unit to holders of record Aug 30, payable Sept 16, 2024; down from prior month.
- Blackbeard refused to provide Waddell Ranch NPI data; July proceeds of $1.51M included in Aug distribution.
- Texas Royalty Properties: 14,513 bbl oil at $77.62/bbl, 5,101 Mcf gas at $11.27/Mcf (incl. NGL).
- Trustee sues Blackbeard for >$15M in improper deductions; counterclaim filed; trial set Apr 21, 2025.

## SEC filing metadata
- accession: 0000950170-24-098915
- form_type: 8-K
- ticker: PBT
- cik: 0000319654
- company_name: PERMIAN BASIN ROYALTY TRUST
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319654/000095017024098915/0000950170-24-098915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319654/000095017024098915/2024-08_pbt_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-098915
- JSON: https://secwatch.observer/filing/0000950170-24-098915.json
- Plain text: https://secwatch.observer/filing/0000950170-24-098915.txt

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