BNET Industries
Market Cap:$604.0M
Last Fiscal Year Sales:$112.4M
- Public
- US
Dow Jones Description
The Permian Basin Royalty Trust s (the Trust ) principal assets are comprised of a 75% net overriding royalty interest carved out by Southland Royalty Company ( Southland ) from its fee mineral interest in the Waddell Ranch properties in Crane County, Texas ( Waddell Ranch properties ), and a 95% net overriding royalty interest carved out by Southland from its major producing royalty properties in Texas ( Texas Royalty properties ). The interests out of which the Trust s net overriding royalty interests were carved were in all cases less than 100%. The Trust s net overriding royalty interests represent burdens against the properties in favor of the Trust without regard to ownership of the properties from which the overriding royalty interests were carved. The net overriding royalties above are collectively referred to as the Royalties. The properties and interests from which the Royalties were carved and which the Royalties now burden are collectively referred to as the Underlying...
Contact Information
Bank Of America N A Trust Department
P O Box 1317 Nk Of Texas NA Trust Dept
Ft Worth, Texas 76102
8173906905
Peer Companies
NAICS Code Trusts, Estates, and Agency Accounts: 525920
News & Analysis
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energy and permian basin royalty trust - All News and Analysis
Permian Basin Royalty Trust: The Cramer Effect
Seeking Alpha
- 2009-02-27
Ockham Research submits: Last night on CNBC’s Mad Money, Cramer identified a stock that he believed has been wronged by the market. The relatively small oil and gas company from Texas, Permian Basin Royalty Trust PBT, was down 42% in the last month, which is twice the 21% decline...
Hugoton Offers Long Term Natural Gas Income
Seeking Alpha
- 2008-09-16
Kurt Wulff McDep Associates submits: Buy-recommended Hugoton Royalty Trust HGT, with estimated net present value [NPV] of $42 a unit, offers natural gas resource value with income. On May 13, we raised NPV from $34 on the basis of a long-term natural gas price assumption of $14 a million...
Royalty Trusts: Maintaining Income in a Volatile Market
Seeking Alpha
- 2008-09-07
Fritz Hottinger submits: With all due respect to those optimistic market prognosticators who still see the glass as half-full, we offer you some continuing words of caution: There is more pain to come. The fat lady has not yet sung. In fact, she has more lives than a...
Oil Price Helps Trusts Sustain Current Rate of Distribution
Seeking Alpha
- 2008-08-27
Kurt Wulff McDep Associates submits: Just as income stocks are resisting market decline relatively more, oil the commodity is also doing better than stocks in general when measured by current price to 200-day average. Both features are combined in buy-recommended Canadian Oil Sands Trust (COSWF.PK), which announced on July...
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Industry Transcripts by Seeking Alpha
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H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
Glass Door
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| Wells Fargo |  |
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