Permian Basin Royalty Trust holds overriding royalty interests in oil and natural gas properties concentrated in the Permian Basin of Texas. It does not operate wells or explore for new reserves; instead it receives a share of production revenue net of certain costs and periodically distributes available cash to unitholders. Results therefore track commodity prices, production volumes, and field-level costs on the underlying properties rather than an operating company’s capital program.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 3.1 | — | 2.4 | — |
| Q3 2025 | 7.3 | — | 6.9 | — |
| Q4 2025 | 2.7 | — | 2.4 | — |
| Q1 2026 | 3.6 | — | 3 | — |
| Q2 2026 | 4.2 | 34.4% | 3.9 | 61.5% |
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