# Permian Basin Royalty Trust (PBT) — News

PBT · NYSE · Stock

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## Recent headlines

- [PBT Land and Minerals announces record date and subscription price for rights offering](https://www.ainvest.com/news/pbt-land-minerals-announces-record-date-subscription-price-rights-offering-2610) — AInvest Wire, Oct 5, 2026
  PBT Land and Minerals, Inc. has announced the record date and subscription price for its upcoming rights offering, as part of a proposed combination involving the Permian Basin Royalty Trust (NYSE: PBT) and Blackbeard Holdings, LLC. The record date for the rights offering has been set for October…
- [Permian Basin Royalty Trust announces September cash distribution and excess cost position on Waddell Ranch properties](https://www.ainvest.com/news/permian-basin-royalty-trust-announces-september-cash-distribution-excess-cost-position-waddell-ranch-properties-2609) — AInvest Wire, Sep 18, 2026
- [Permian Basin Royalty Trust announces August cash distribution and excess cost position on Waddell Ranch properties](https://www.ainvest.com/news/permian-basin-royalty-trust-announces-august-cash-distribution-excess-cost-position-waddell-ranch-properties-2608) — AInvest Wire, Aug 21, 2026
- [Permian Basin Royalty Trust announces notice of combination agreement between SoftVest and BlackBeard with respect to the Trust](https://www.ainvest.com/news/permian-basin-royalty-trust-announces-notice-combination-agreement-softvest-blackbeard-respect-trust-2607) — AInvest Wire, Jul 29, 2026
- [Softvest and Blackbeard sign definitive agreement for $2.2 billion combination of Permian Basin Royalty Trust and US Land Guild](https://www.ainvest.com/news/softvest-blackbeard-sign-definitive-agreement-2-2-billion-combination-permian-basin-royalty-trust-land-guild-2607) — AInvest Wire, Jul 28, 2026
  Permian Basin Royalty Trust (NYSE: PBT) has announced that SoftVest, L.P. and Blackbeard Holdings, LLC have entered into a preliminary non-binding term sheet outlining the proposed business combination of the Trust with certain assets of Blackbeard, including US Land Guild, LLC (USLG) . The…

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