PBT — Permian Basin Royalty Trust

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates PBT Bullish with a Setup Score of 39, net conviction 31, actionability 49. How the Setup Score works →

Total Setup Score39
Directional BiasBullish
Net Conviction31
Actionability49 (in range)

Key signals behind this score

About Permian Basin Royalty Trust

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties located in Crane County, Texas, as well as a 95% net overriding royalty interest in the Texas Royalty properties located in 33 counties across Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximat… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$26.20
Market Cap$1.23B
Float35.7M
Shares Outstanding46.6M
P/E (Forward)10.74
P/E (TTM)87.70
Price/Sales (TTM)73.76
vs. Analyst Target-50.4% to analyst PT
Profit Margin88.61%
Operating Margin (TTM)84.83%
Revenue (TTM)$16.6M
Earnings Growth (YoY)16.60%
Dividend Rate0.3%
Analyst Target Price$13.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $12.0M $11.0M $12.0M $11.0M
2021 $11.8M $10.7M $11.8M $10.7M
2022 $54.5M $53.5M $54.5M $53.5M
2023 $29.1M $28.0M $29.1M $28.0M
2024 $27.1M $25.4M $27.1M $25.5M
2025 $16.1M $14.3M $16.1M $14.3M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $3.1M $2.4M
Sep 2025 $7.3M $6.9M
Dec 2025 $2.7M $2.4M
Mar 2026 $3.6M $3.0M

Ownership & Float

Insider Ownership10.0%
Institutional Ownership43.2%
Short Float0.5%
% of All Funds Holding1.07%
Number of Funds Holding88

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$26.83Near-term / short-term trend
Weekly40-Week SMA$21.10Medium-term trend
Weekly80-Week SMA$16.81Cyclical trend (business cycle)
Weekly200-Week SMA$17.29Secular trend (multi-year)
Monthly10-Month SMA$21.45Near-term monthly trend
Monthly20-Month SMA$16.94Medium-term monthly trend
Monthly40-Month SMA$16.56Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$22.30 support 1.93x 1 months ago
$13.40 support 1.12x 10 months ago
$11.30 support 2.07x 12 months ago

Historical Earnings Reactions (111 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.19% 0.00% 45.95% 3.98% -10.67%
1 Day 0.08% 0.00% 47.75% 14.53% -8.35%
1 Week -0.59% -0.74% 40.54% 25.46% -17.13%
2 Weeks -0.92% -1.38% 33.33% 24.77% -14.75%
1 Month 1.12% -0.57% 45.95% 36.40% -43.30%

Next earnings: August 12, 2026 (30 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.5%54.3%46
Feb0.8%52.2%46
Mar-1.0%37.0%46
Apr0.2%47.8%46
May1.7%50.0%46
Jun0.2%43.5%46
Jul0.3%48.9%45
Aug1.7%48.9%45
Sep1.2%55.6%45
Oct0.0%48.9%45
Nov-0.6%34.8%46
Dec-1.5%37.0%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.06% 38.2% 2177
Tuesday 0.05% 40.7% 2362
Wednesday 0.03% 39.8% 2360
Thursday -0.00% 39.2% 2314
Friday 0.12% 41.7% 2300

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 43.2%

Insider Transactions — Smart Summary

Total insider ownership: 10.0%

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change157,107
% of Float0.4%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
OLIVER ERIC L +$1.9M 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-07-22 OLIVER ERIC L +$1.9M Transaction at $12.29, now +113.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Permian Basin Royalty Trust (PBT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PBT on Trend Edge →