{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-237577","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2023-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.253746+00:00","generated_at":"2026-06-10T14:08:26.939498+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Permian Basin Royalty Trust declares $0.022414/unit Sept distribution; Waddell Ranch fails to contribute","bullets":["Distribution of $0.022414/unit payable Oct 16, 2023 to record holders Sep 29, 2023.","Waddell Ranch properties did not contribute; high CAPEX ($12.8M gross) offset net profit.","Texas Royalties contributed $1,077,970; oil at $72.23/bbl, gas at $3.88/Mcf.","Cumulative deficit for Waddell Ranch widened to $(213,227).","Trust warns future Waddell Ranch contributions uncertain if pricing and CAPEX trends continue."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-237577","json":"https://secwatch.observer/filing/0001193125-23-237577.json","markdown":"https://secwatch.observer/filing/0001193125-23-237577.md","text":"https://secwatch.observer/filing/0001193125-23-237577.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000119312523237577/0001193125-23-237577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000119312523237577/d492536d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T14:08:26.939498+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"}