Argent Trust Company declared a cash distribution of $0.013198 per unit payable on January 15, 2026.
The distribution does not include proceeds from the Waddell Ranch properties due to excess production costs exceeding gross proceeds in November.
Lower oil volumes and pricing at the Texas Royalty Properties led to a decrease in this month's distribution.
Cash Distribution Declared
Cash distribution of $0.013198 per unit announced for January 15, 2026.
Excess Cost Position
Waddell Ranch properties continue to have an excess cost position affecting distributions.
Special Meeting Outcome
59.9% of outstanding Trust units voted in favor of SoftVest's proposal at the special meeting.
- Market conditions affecting domestic production pricing continue to impact future distributions.
- Future distributions may be uncertain due to ongoing production costs at Waddell Ranch properties and market volatility.
The Permian Basin Royalty Trust faces challenges with excess production costs and market conditions impacting distributions. Uncertainty regarding future distributions persists as market conditions fluctuate.