Permian Basin Royalty: 3Q Earnings Snapshot
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.