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$23.43 -0.18 (-0.76%)
9/5/2008 4:04 PM

Permian Basin Royalty Trust (PBT)

CAPS Rating:
*****

The Company's business is to collect the income attributable to the Royalties, to pay all expenses and charges of the Trust, and then distribute the remaining available income to the Unit holders.

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Recs

7

Avatar TexasLonghorns (54.60) Submitted: 3/05/08 10:21 AM : Outperform Start Price: $18.16 PBT Score: 36.38

Having worked the Permian Basin in the "Oil Patch", I know the area well. There are thousands of "stripper wells" that are re-opened every time oil goes above a certain price. Capped when it goes below a certain price. Oil isn't coming back down folks! This one is a no-brainer with it's healthy 12% dividend and stable income platform.

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