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Upturn AI Summary - About
Permian Basin Royalty Trust(PBT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PBT
11/06/2026: PBT (3-star) is currently NOT-A-BUY. Pass it for now.
Permian Basin Royalty Trust is a passive investment vehicle that distributes net profits from oil and gas interests in Texas to shareholders. Its main strength is direct exposure to energy production without the need for capital expenditure. However, as a depleting asset, the Trust's primary story is one of income generation rather than long-term growth. Key risks include intense commodity price volatility, operator-dependent expenses, and the eventual exhaustion of reserves. This stock is best suited for income-oriented investors comfortable with fluctuating monthly payouts and cyclical energy market risks; investors should monitor production updates and energy price trends closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The Trust is a depleting asset and does not reinvest in growth, making it unsuitable for capital appreciation seekers. |
| Momentum investor | Weak fit | This is a yield-oriented instrument, not a play on price momentum or technical breakouts. |
| Value investor | Mixed fit | Value investors may analyze the net present value of reserves, but the lack of control over operations poses significant valuation hurdles. |
| Dividend investor | Strong fit | The Trust is designed specifically for investors seeking direct, high-yield income from oil and gas production. |
| Low-risk investor | Weak fit | The high volatility of commodity prices and depletion risk make this unsuitable for conservative income investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Distributions are directly linked to market prices for oil and natural gas. |
| Valuation risk | High | Estimating the remaining life and value of depleting reserves is inherently uncertain. |
| Competition risk | Medium | The Trust competes with other energy assets for investor capital in the yield-based sector. |
| Business quality | Low | The Trust has no operational control and is entirely dependent on third-party operators. |
| Dividend income | Medium / high | Monthly payouts are highly variable and are not guaranteed. |
| Execution risk | High | The Trust's success depends on the operating efficiency of third-party firms at Waddell Ranch. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 77.93% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.35B USD | Price to earnings Ratio 82.66 | 1Y Target Price 13 |
Price to earnings Ratio 82.66 | 1Y Target Price 13 | ||
Volume (30-day avg) 180.3K shares | Beta 0.4 | 52 Weeks Range 16.06 - 36.93 | Updated Date 11/08/2026 |
52 Weeks Range 16.06 - 36.93 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 0.97% | Basic EPS (TTM) 0.35 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Waddell Ranch & Texas Royalties | Royalty interests in oil and gas production; revenue is net of production costs. | You receive a share of the profits from oil and gas sales, but these payments fluctuate and will eventually end as the wells dry up. |
Valuation
Trailing PE 82.66 | Forward PE 10.74 | Enterprise Value 1.34B | Price to Sales(TTM) 76.2 |
Enterprise Value 1.34B | Price to Sales(TTM) 76.2 | ||
Enterprise Value to Revenue 76.01 | Enterprise Value to EBITDA 83 | Shares Outstanding 46.61M | Shares Floating 35.72M |
Shares Outstanding 46.61M | Shares Floating 35.72M | ||
Percent Insiders 10.03 | Percent Institutions 44.23 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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