Permian Basin Royalty Trust (PBT) Receiving Somewhat Positive News Coverage, Analysis Shows
News coverage about Permian Basin Royalty Trust (NYSE:PBT) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the oil and gas producer an impact score of 42.7892119678015 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Permian Basin Royalty Trust (NYSE:PBT) opened at $9.10 on Thursday. Permian Basin Royalty Trust has a 1 year low of $7.52 and a 1 year high of $10.30. The company has a market cap of $418.08, a PE ratio of 14.24 and a beta of 0.64.
The firm also recently declared a monthly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be given a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date is Wednesday, November 29th. Permian Basin Royalty Trust’s dividend payout ratio is 96.83%.
Separately, BidaskClub raised shares of Permian Basin Royalty Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd.
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About Permian Basin Royalty Trust
Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell.
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