Permian Basin Royalty Trust (PBT) Declares July Cash Distribution; Reports Excess Cost Position on Waddell Ranch Properties

With strong share price gains and significant hedge fund interest, Permian Basin Royalty Trust (NYSE:PBT) secures a spot on our list of the 13 Hot Oil Stocks to Buy Now.

On July 21, 2025, Permian Basin Royalty Trust (NYSE:PBT) declared a $0.015 per unit cash distribution, which is payable on August 14 to holders of record on July 31. This cash distribution, which is an increase compared to last month, reflects stronger natural gas volumes and elevated oil and gas prices from the Texas Royalty Properties. The distribution does not include proceeds from the Waddell Ranch properties, where production costs for the month of May exceeded revenues.

Meanwhile, Permian Basin Royalty Trust (NYSE:PBT) announced that litigation between the Trustee and Blackbeard continues. The trial concerning more than $9 million in alleged unpaid royalties and improper deductions dating back to April 2020 is set to take place on November 17, 2025. For July, the Texas Royalty Properties contributed $901,654 net profit, reflecting oil at $68.37/bbl and gas at $11.75/Mcf.

Permian Basin Royalty Trust (NYSE:PBT), based in Dallas, Texas, operates as a U.S. oil and gas royalty trust. It is included in our list of the hot stocks to buy.

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