Why These Energy Stocks Are Gaining This Week

4. Permian Basin Royalty Trust (NYSE:PBT)

Share Price Gains Between May 14 – May 21: 6.24%

The Permian Basin Royalty Trust (NYSE:PBT)’s principal assets are comprised of a 75% net overriding royalty interest carved out by Southland Royalty Company from its fee mineral interest in the Waddell Ranch properties in Crane County, and a 95% net overriding royalty interest carved out by Southland from its major producing royalty properties in Texas.

Investors reacted positively this week after Permian Basin Royalty Trust (NYSE:PBT) announced a monthly dividend of $0.0188 per share for the month of May, payable on June 13, 2025, to unit holders of record on May 30, 2025. This was down 4.1% from the previous month’s dividend, primarily due to the Texas Royalty Properties having lower oil volumes, along with lower oil and natural gas pricing, partially offset by slightly higher natural gas volumes for the month reported.

Despite the recent surge, the share price of Permian Basin Royalty Trust (NYSE:PBT) has fallen by over 4% since the beginning of 2025.