Permian Basin Royalty Trust declared a January cash distribution of $0.040056 per unit, increased from the previous month due to a second settlement payment from Blackbeard Operating LLC and higher oil volumes at Texas Royalty Properties, offset by lower natural gas volumes. However, the Waddell Ranch properties continue to have an excess cost position with production costs exceeding gross proceeds in December. Additionally, SoftVest filed a petition seeking judicial modification of the Trust's Indenture to change amendment voting requirements from 75% to a simple majority.

Permian Basin Royalty Trust (PBT) announced a cash distribution of $0.050711 per unit for September 2024. The distribution was lower than the previous month due to lower proceeds from the Waddell Ranch properties and higher gas and oil volumes and oil prices for the Texas Royalty Properties, partially offset by lower gas prices.

We also talk about big oil and chat with Tom Chivers, author of "Everything Is Predictable: How Bayesian Statistics Explain Our World."

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. San Juan Basin Royalty Trust ...

Not all dividend checks are sent four times a year. A handful of companies actually offer a smaller payout every month instead.