{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-279756","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.633553+00:00","generated_at":"2026-06-08T00:31:59.014596+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":"PBT declares $0.157171/unit monthly distribution, up from prior month on higher prices and lower CAPEX","bullets":["Distribution of $0.157171 per unit payable Dec 14, 2023 to holders of record Nov 30, 2023.","Waddell Ranch oil price $88.56/bbl (241,017 bbls gross); gas $3.86/Mcf (804,845 Mcf gross); net NPI contribution $6,085,713.","Texas Royalties contributed $1,292,683 with oil at $85.37/bbl and gas at $3.99/Mcf (including NGL).","Waddell Ranch: 72% of projected $96.8M 2023 CAPEX incurred; trust warns future contributions uncertain if pricing does not hold.","G&A expenses of $60,310 deducted; total distribution $7,325,594 on 46,608,796 units."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-279756","json":"https://secwatch.observer/filing/0001193125-23-279756.json","markdown":"https://secwatch.observer/filing/0001193125-23-279756.md","text":"https://secwatch.observer/filing/0001193125-23-279756.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000119312523279756/0001193125-23-279756-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000119312523279756/d867377d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:31:59.014596+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"}