---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-041753"
form_type: "8-K"
ticker: "PBT"
cik: "0000319654"
company_name: "PERMIAN BASIN ROYALTY TRUST"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:22:36.477500+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Permian Basin Royalty Trust declares $0.041356/unit monthly distribution, up from prior month

## Summary
- Distribution of $0.041356/unit payable March 14, 2023 to holders of record Feb 28, 2023; total $1.93M on 46.6M units.
- Waddell Ranch production: 204,289 bbl oil at $74.58/bbl, 788,523 Mcf gas at $3.67/Mcf; net NPI contribution $749,693.
- Texas Royalties contributed $1.32M from 18,073 bbl oil at $79.38/bbl and 20,824 Mcf gas at $5.83/Mcf.
- 2023 CAPEX budget revised to $122M net to trust for ~48.75 new drills and 45 recompletions at Waddell Ranch.
- December CAPEX of $12.35M reduced NPI; year-end 2022 budget 108% expended.

## SEC filing metadata
- accession: 0001193125-23-041753
- form_type: 8-K
- ticker: PBT
- cik: 0000319654
- company_name: PERMIAN BASIN ROYALTY TRUST
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319654/000119312523041753/0001193125-23-041753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319654/000119312523041753/d317040d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-041753
- JSON: https://secwatch.observer/filing/0001193125-23-041753.json
- Plain text: https://secwatch.observer/filing/0001193125-23-041753.txt

## Key facts
- Earnings Releases
  PERMIAN BASIN ROYALTY TRUST reported month of December results: EPS $0.041356 per unit.
  - Period: month of December
  - EPS: $0.041356 per unit
  - Result: reported results
  source text: BT) (“Permian”) today declared a cash distribution to the holders of its units of beneficial interest of $0.041356 per unit, payable on March 14, 2023, to unit holders of record on February 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/319654/000119312523041753/0001193125-23-041753-index.htm

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