Permian Basin Royalty: 3Q Earnings Snapshot

November 13, 2019 GMT

DALLAS (AP) _ Permian Basin Royalty Trust (PBT) on Tuesday reported third-quarter net income of $5.9 million.

On a per-share basis, the Dallas-based company said it had net income of 13 cents.

The owner of royalty interests in oil and gas properties posted revenue of $6.1 million in the period.

The company’s shares closed at $3.97. A year ago, they were trading at $7.02.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBT at https://www.zacks.com/ap/PBT