Permian Basin Royalty Trust (NYSE: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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Another royalty trust benefiting from rising oil and gas prices. As long as natural gas and oil keep going up so will this company. Investors are looking for dividends and this is a pretty easy business to understand. I don't see energy falling this year.