Investment case

Permian Basin Royalty Trust

PBT · 4 developments mapped · last assessed 2026-09-18

Market Ontology has mapped 4 macro, policy, and market developments to Permian Basin Royalty Trust since 2026-08-21. Each one is traced from the driver to the valuation assumption it moves, and the valuation below is run on the same engine the subscription uses.

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No published quote

Market cap

Unavailable

Equity value

Diluted shares

Unavailable

Latest reported

Sector

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Listing

Unavailable

Filings

Unavailable

No published filing

Valuation

No validated run has been published for PBT yet, so no modelled value is shown. The PBT valuation is in the public catch-up queue.

Subscribers do not wait for the weekly cycle: they run PBT on demand, against live prices and the latest filings, and change any assumption the developments below move.

Filed financials

A validated filed-statement snapshot has not been published for PBT. Missing data is not estimated or replaced with scenario assumptions.

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Value PBT on your own assumptions

Run the valuation on Permian Basin Royalty Trust, change any assumption the events above move, and see the price that falls out.

Public valuations here are refreshed weekly and only published once a run passes every validation check. Subscribers run PBT on demand instead, against live prices and the latest filings.

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Opportunities created

Research workflows

Trade PBT

Professional

Open trade discovery with Permian Basin Royalty Trust and PBT already in context.

Open

Find pricing gaps in PBT

Institutional

Open relative-value and arbitrage analysis with PBT already in context.

Open

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Current case

Strongest support
SoftVest and Blackbeard Holdings Propose Combination with Permian Basin Royalty Trust to Create New PBT
Direct acquisition/combination premium and strategic repositioning into a new corporate structure.
2026-09-18 · Moves future cash flow generation from expanded asset base, synergies from combined operations, market perception of new corporate structure vs. trust
Main threat
Permian Basin Royalty Trust Announces September Cash Distribution
Direct distribution announcement, reflecting underlying asset performance.
2026-09-18 · Moves future distribution forecasts, underlying asset production and pricing assumptions
Open question
PERMIAN BASIN ROYALTY TRUST ANNOUNCES PROPOSED BUSINESS COMBINATION WITH BLACKBEARD HOLDINGS
Direct M&A transaction. PBT shareholders will receive shares in the new combined entity. The market will re-evaluate the combined entity's prospects.
2026-09-18 · Moves future production volumes and commodity prices for the combined entity, operating cost structure of the combined entity, synergies from the combination

What changed, by assumption

Future production volumes and commodity prices for the combined entity

2026-09-18PERMIAN BASIN ROYALTY TRUST ANNOUNCES PROPOSED BUSINESS COMBINATION WITH BLACKBEARD HOLDINGS

Future cash flow generation from expanded asset base

2026-09-18SoftVest and Blackbeard Holdings Propose Combination with Permian Basin Royalty Trust to Create New PBT

Future distribution forecasts

2026-09-18Permian Basin Royalty Trust Announces September Cash Distribution

Investor confidence in royalty trust distributions

2026-08-21Hugoton Royalty Trust Declares No August Cash Distribution; SEC Filing Update

Assumption changes

Full ledger →

Date	Assumption	Direction	Why	Conf.
2026-07-21	Working capital	Bearish	Cash dividend reduces cash on hand.	0.70
2026-06-18	Valuation multiple	Bullish	Target re-rates to bid premium until close.	0.70

Event impact log

Full ledger →

Date	Mechanism	Direction	Horizon	Impact
2026-09-18	PERMIAN BASIN ROYALTY TRUST ANNOUNCES PROPOSED BUSINESS COMBINATION WITH BLACKBEARD HOLDINGS	mixed	1-3m	0.90
2026-09-18	Permian Basin Royalty Trust Announces September Cash Distribution	Bearish	1-5d	0.70
2026-09-18	SoftVest and Blackbeard Holdings Propose Combination with Permian Basin Royalty Trust to Create New PBT	Bullish	1-3m	0.80
2026-08-21	Hugoton Royalty Trust Declares No August Cash Distribution; SEC Filing Update	Bearish	1-3m	0.40

Value PBT yourself$399/month

Continue this research

Value PBT on your own assumptions

Run the valuation on Permian Basin Royalty Trust, change any assumption the events above move, and see the price that falls out.

Public valuations here are refreshed weekly and only published once a run passes every validation check. Subscribers run PBT on demand instead, against live prices and the latest filings.

Subscribe to value any ticker

Opportunities created

Research workflows

Trade PBT

Professional

Open trade discovery with Permian Basin Royalty Trust and PBT already in context.

Open

Find pricing gaps in PBT

Institutional

Open relative-value and arbitrage analysis with PBT already in context.

Open

Professional actions continue at $399/month. Institutional arbitrage requires the $399/month tier.

$399/month · charged today · cancel anytime. Opens PBT first, then any listed company you want to value or monitor.

Choose another company

Permian Basin Royalty Trust

PBT · 4 developments mapped · last assessed 2026-09-18

Value PBT on your own assumptions

Run the valuation on Permian Basin Royalty Trust, change any assumption the events above move, and see the price that falls out.

Public valuations here are refreshed weekly and only published once a run passes every validation check. Subscribers run PBT on demand instead, against live prices and the latest filings.

Subscribe to value any ticker

Opportunities created

Research workflows

Trade PBT

Professional

Open trade discovery with Permian Basin Royalty Trust and PBT already in context.

Open

Find pricing gaps in PBT

Institutional

Open relative-value and arbitrage analysis with PBT already in context.

Open

Professional actions continue at $399/month. Institutional arbitrage requires the $399/month tier.

$399/month · charged today · cancel anytime. Opens PBT first, then any listed company you want to value or monitor.

Choose another company

Date

Assumption

Direction

Why

Conf.

2026-07-21

Working capital

Bearish

Cash dividend reduces cash on hand.

0.70

2026-06-18

Valuation multiple

Bullish

Target re-rates to bid premium until close.

0.70

Date

Mechanism

Direction

Horizon

Impact

2026-09-18

PERMIAN BASIN ROYALTY TRUST ANNOUNCES PROPOSED BUSINESS COMBINATION WITH BLACKBEARD HOLDINGS

mixed

1-3m

0.90

2026-09-18

Permian Basin Royalty Trust Announces September Cash Distribution

Bearish

1-5d

0.70

2026-09-18

SoftVest and Blackbeard Holdings Propose Combination with Permian Basin Royalty Trust to Create New PBT

Bullish

1-3m

0.80

2026-08-21

Hugoton Royalty Trust Declares No August Cash Distribution; SEC Filing Update

Bearish

1-3m

0.40

Value PBT on your own assumptions

Run the valuation on Permian Basin Royalty Trust, change any assumption the events above move, and see the price that falls out.

Public valuations here are refreshed weekly and only published once a run passes every validation check. Subscribers run PBT on demand instead, against live prices and the latest filings.

Subscribe to value any ticker

Opportunities created

Research workflows

Trade PBT

Professional

Open trade discovery with Permian Basin Royalty Trust and PBT already in context.

Open

Find pricing gaps in PBT

Institutional

Open relative-value and arbitrage analysis with PBT already in context.

Open

Professional actions continue at $399/month. Institutional arbitrage requires the $399/month tier.

$399/month · charged today · cancel anytime. Opens PBT first, then any listed company you want to value or monitor.

Choose another company