---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-077410"
form_type: "8-K"
ticker: "PBT"
cik: "0000319654"
company_name: "PERMIAN BASIN ROYALTY TRUST"
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:55:17.061615+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Permian Basin Royalty Trust files amended lawsuit seeking >$9M in damages from Blackbeard Operating

## Summary
- Second Amended Petition seeks more than $9 million for unpaid royalties from April 2020–Dec 2023.
- Alleges Blackbeard improperly deducted overhead, labor, and saltwater disposal fees.
- Trial set for November 17, 2025 in Tarrant County District Court.
- Joint venture audit of 2024 production months underway; rights reserved for additional claims.

## SEC filing metadata
- accession: 0000950170-25-077410
- form_type: 8-K
- ticker: PBT
- cik: 0000319654
- company_name: PERMIAN BASIN ROYALTY TRUST
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319654/000095017025077410/0000950170-25-077410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319654/000095017025077410/2025-05_pbt_lawsuit_8-k_.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-077410
- JSON: https://secwatch.observer/filing/0000950170-25-077410.json
- Plain text: https://secwatch.observer/filing/0000950170-25-077410.txt

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