{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-070971","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2024-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.555870+00:00","generated_at":"2026-06-04T14:06:46.219771+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.62,"calibrated_materiality_score":0.62,"confidence":"high","headline":"Permian Basin Royalty Trust March distribution $0.04134/unit, down 9% from Feb; corrects prior error","bullets":["Distribution of $0.04134/unit payable Apr 12, down from $0.04546 in Feb (decrease of $0.00412/unit or 9%).","Waddell Ranch oil 253,653 bbls at $72.45/bbl; gas 847,835 Mcf (corrected to include plant products) at $2.38/Mcf; NPI $1.1M.","Texas Royalty oil 16,538 bbls at $71.75/bbl; gas 5,430 Mcf at $11.68/Mcf; NPI $1.06M.","Lawsuit vs Blackbeard dismissed without prejudice on Mar 5; dispute unresolved.","Preliminary 2024 capex budget $301M gross ($106M net); 7% incurred in Jan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-070971","json":"https://secwatch.observer/filing/0001193125-24-070971.json","markdown":"https://secwatch.observer/filing/0001193125-24-070971.md","text":"https://secwatch.observer/filing/0001193125-24-070971.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000119312524070971/0001193125-24-070971-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000119312524070971/d785890d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T14:06:46.219771+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"}