{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-149133","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2023-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.783600+00:00","generated_at":"2026-06-14T20:10:14.494174+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Permian Basin Royalty Trust declares $0.044388/unit May distribution (up MoM)","bullets":["May cash distribution of $0.044388/unit, payable June 14, 2023 to holders of record May 31.","Waddell Ranch oil production 242,702 bbl at $71.07/bbl; gas 807,905 Mcf at $1.35/Mcf (March).","Texas Royalties contributed $1.12M to distribution; oil at $72.21/bbl, gas at $4.42/Mcf.","2023 capex budget revised to $96.8M net to Trust, with ~30.75 new drills and 45 recompletions.","Estimated remaining life of Trust: ~15 years based on Jan 1, 2023 reserve report."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-149133","json":"https://secwatch.observer/filing/0001193125-23-149133.json","markdown":"https://secwatch.observer/filing/0001193125-23-149133.md","text":"https://secwatch.observer/filing/0001193125-23-149133.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000119312523149133/0001193125-23-149133-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000119312523149133/d499224d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:10:14.494174+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}